Tomorrow (April 6th) the Job Creation and Economic Development Committee of the Missouri House of Representatives will consider HB 2399, the bill that would gut Missouri's successful historic preservation tax credit program. The committee will meet at 1:00 p.m. in Hearing Room 6 of the capitol.
Why It's Bad
The bill, introduced by Representatives Steve Hobbs (D) and Sam Komo (R), would rescind most of the state's current tax credit authorizations and institute a new set of provisions. The bill would implement the policy proposed by Governor Jay Nixon (D) and would turn over much discretionary power to the Department of Economic Development, whose director is always a political appointment.
HB 2399's worst aspects:
The net result will be a highly politicized tax credit environment where one person -- the DED director -- will have broad discretionary power. The potential for special interest domination of Missouri's tax credits -- now simply a legislative problem -- will be realized. Instead of rewarding incentivized economic activity, tax credits will reward personal political connections. Homeowners and small businesses will have hard time using the historic rehabilitation tax credit competing against large companies -- and large companies the get the credits won't be subject to the current level of oversight!
What You Can Do
Please contact members of the committee and let them know you oppose HB 2399.
Flook, Timothy, Chair-Liberty R, Tim.Flook@house.mo.gov -- 573-751-1218
Brandom, Ellen, Vice Chair-Sikeston R, Ellen.Brandom@house.mo.gov -- 573-751-5471
Brown, Michael R. Kansas City D, Michael.Brown@house.mo.gov -- 573-751-7639
Corcoran, Michael George St. Louis County (St. Ann) D, Michael.Corcoran@house.mo.gov -- 573-751-0855
Diehl, John St Louis County (Town and Country) R, John.Diehl@house.mo.gov -- 573-751-1544
Jones, Tishaura St. Louis City D, Tishaura.Jones@house.mo.gov -- 573-751-6800
Komo, Sam Jefferson County (House Springs) D, Sam.Komo@house.mo.gov -- 573-751-6625
Kratky, Michele St. Louis City D, Michele.Kratky@house.mo.gov --573-751-4220
Kraus, Will Lee's Summit R, Will.Kraus@house.mo.gov -- 573-751-1459
McGhee, Michael Odessa R, Mike.McGhee@house.mo.gov -- 573-751-1462
Riddle, Jeanie Fulton R, Jeanie.Riddle@house.mo.gov -- 573-751-5226
Scharnhorst, Dwight St. Louis County (Fenton) R, Dwight.Scharnhorst@house.mo.gov -- 573-751-4392
Schoeller, Shane Springfield R, Shane.Schoeller@house.mo.gov -- 573-751-2948
Spreng, Michael St. Louis County (Florissant) R, Michael.Spreng@house.mo.gov --573-751-9628
Webber, Stephen Columbia D, Stephen.Webber@house.mo.gov -- 573-751-9753
Zerr, Anne St. Charles R, Anne.Zerr@house.mo.gov --573-751-3717
To find your Representative go to http://www.house.mo.gov/ and enter your nine digit zip code