Tagged: Missouri Senate

The Missouri Senate spent several hours last night working on a wide-ranging tax credit bill, which they gave first-round approval to at around 3:30 this morning.

Senate Bill 120 would drastically cut incentives for Historic Preservation and low income housing.  Historic Preservation tax credits would be capped at $50 million a year, instead of the current $140 million, and low income Housing incentives would be capped at $55 million a year.  Senator Jamilah Nasheed (D, St. Louis) criticized the move.

Children younger than 16 could avoid future federal regulation and continue to work on their parent's farm under a bill scheduled for a vote this week in Missouri's Senate.

In 2012, the federal government proposed rules that would have prevented children from doing certain agricultural work. The plans were scrapped after opposition from lawmakers, but Missouri's Senate is looking to pass a law just in case.

A Missouri Senate energy committee has advanced legislation that would let power companies seek permission for an infrastructure surcharge.

Under legislation approved by the committee with two dissenting votes Wednesday, power companies could seek to levy the surcharge between formal rate cases.

Missouri first-graders could see an addition to their curriculum under a bill given first-round approval in the Missouri Senate.

The measure endorsed Tuesday would give school districts the option to teach a National Rifle Association-sponsored gun safety program to students in first grade. It would also allow schools to implement a training program for teachers and other personnel on responding to intruders.

Cities and counties would be able to resume collecting taxes on cars that were not purchased at Missouri dealers under a bill passed by the Senate.

The Senate voted 28-0 to send the bill to the House on Monday.

A Missouri Supreme Court decision last year has prohibited local governments from collecting sales taxes on cars bought from out-of-state dealers or from a private sale between Missouri residents.

Sponsored by Eric Schmitt of St. Louis County, the Missouri Export Incentive Act would create some new tax incentives, and put caps on others. The bill creating new tax credits cleared a Senate committee Wednesday.

The bulk of the bill is dedicated to tax credits for technology facilities and data storage centers. Exporters and self-employed Missourians also would benefit.