Missouri Economic Development Omnibus Bill Passed by Legislature

May 11, 2007 - Yesterday, the Missouri House, led by House Job Creation and Economic Development Chairman Rep. Ron Richard, voted to accept ALL Senate amendments and finally pass the omnibus economic development bill. The bill contains an increase in the tax credit limits for the Missouri Quality Jobs program (from $12 million to $30 million) and Enhanced Enterprise Zone program (from $7 million to $25 million), a ten-year extension of the New Jobs Training program, and many, many, many more provisions. The bill is 163 pages plus 53 pages of amendments - altogether 216 pages!

Although there are some problems with language that was included in the bill, the bill will be presented to Governor Blunt for signature, following the ceremonial signing of the bill by the Speaker of the House and the Senate President Pro Tem.

We applaud the efforts of Rep. Richard, Sen. John Griesheimer, and leadership of the House and Senate in passing this bill. You may download the final bill by clicking on the following link:

LINKS TO THE FINAL BILL:
Truly Agreed and Finally Passed HB 327