Rep. Ron Richard, sponsor of controversial economic development bill HB 327, today moved that the Missouri House refuse to move on the House's acceptance of the conference version of the bill. That version includes the Distressed Areas Land Assemblage Tax Credit Act, the tax credit developer Paul McKee seeks for north St. Louis.
Apparently, the bill faces strong opposition in the Missouri Senate due to the number of different bills that were added on through amendment without their own hearings, including the Distressed Areas Land Assemblage Tax Credit Act.
Richard's motion would prevent the bill from returning to conference. If the Senate rejects the version of the bill that the House approved today, the bill is effectively dead. However, the Distressed Areas language remains intact in SB 282 and SB 22 (in an inexplicable 100-acre version) as well as HB 991.
Wednesday, May 2, 2007
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3 comments:
I called Smith, Coleman, and St. Charles Senator Chuck Gross as I am friends with his nephew. I will be calling them tomorrow too. Everyone needs to call representatives and tell them why this is bad for our City.
Rep. Richards can always make a new motion to send the bill back to conference if the Senate requests it. I would expect this to happen over the next two weeks.
It is sad that Paul McKee could be responsible for killing a bill that includes funding for historic tax credits. The lesson is not every tax incentive is possible, even necessary, particularly in a state political environment dominated by conservative interests, and that city politicians must pick their battles.
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