© 2024 University of Missouri - KBIA
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Grant to Attract Conventions Heads to Governor's Desk

missouri capitol
File Photo
/
KBIA
The Missouri State Senate is expected to send the bill to the House on Thursday, Feb. 16, 2012.

The Legislature has passed a grant program aimed at attracting conventions to Missouri.

The House voted 111-43 Tuesday to create a $3 million-a-year fund to help cover the costs of large conventions. The grants cover up to half of a convention's expenses or $1 million, whichever is less.

Conventions would have to draw at least half their attendees from out of state, and the anticipated sales tax revenue from the event would have to surpass the amount of the grant.

Bill sponsor Caleb Rowden said other states' financial incentives make them more attractive for conventions than Missouri. The Columbia Republican said this legislation would help level the playing field.

The Senate passed the bill on 27-4 vote in April, and it now goes to the governor.  

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.