Nixon, Lawmakers Begin Discussions On Boeing Incentives

The Missouri State Capitol in Jefferson City, photographed Sept. 11, 2013 | Photo by Michael Stacy
Lawmakers have gathered in Jefferson City for a special session to discuss incentives aimed at luring a Boeing plant to the St. Louis area. | Photo by Michael Stacy

As a special session continues today, Republican House members want Gov. Jay Nixon to provide details about the cost and the expected return for taxpayers if Missouri offers an incentive package to lure a major Boeing Co. plant. Those were the chief concerns that House Republicans voiced Monday in a closed meeting with Nixon.

Speaker Tim Jones said he expects more information to be provided today, when legislative committees hold public hearings on the fast-moving proposal. Nixon, who also met privately with the Senate Republican Caucus, said in the Capitol hallway afterward that he had “good solid discussions” with legislators and will provide “more concrete details” soon. The only bill on the agenda is one that would beef up several economic development programs to provide up to $150 million a year in tax breaks in hopes of bringing Boeing’s 777X commercial airplane assembly plant to St. Louis County.

Read more from the St. Louis Post-Dispatch

Tags:, , , , , , , , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students