Wednesday, 13 March 2013 14:10
Missouri House passes sport event subsidies
JEFFERSON CITY, Mo. (AP) - State lawmakers are hoping that new incentives can help Missouri compete for big-time sports events.
The House gave final approval Wednesday to legislation authorizing up to $3 million annually in subsidies for cities, counties and nonprofit groups that host amateur sports events such as college basketball tournaments.
The bill is the first one of the 2013 session to make it to Gov. Jay Nixon.
Missouri has a long history of hosting sports events. Kansas City, for example, is hosting the Big 12 basketball tournament this week and games for the NCAA men's basketball tournament next week.
But supporters of the legislation say Missouri has been losing bids for future events to states offering incentives.
Missouri's bill would provide tax breaks equal to $5 for every ticket sold to the events.
The House gave final approval Wednesday to legislation authorizing up to $3 million annually in subsidies for cities, counties and nonprofit groups that host amateur sports events such as college basketball tournaments.
The bill is the first one of the 2013 session to make it to Gov. Jay Nixon.
Missouri has a long history of hosting sports events. Kansas City, for example, is hosting the Big 12 basketball tournament this week and games for the NCAA men's basketball tournament next week.
But supporters of the legislation say Missouri has been losing bids for future events to states offering incentives.
Missouri's bill would provide tax breaks equal to $5 for every ticket sold to the events.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
New security measures in place for soccer tourney at Bu…
St. Louis plays host Thursday night to a soccer exhibition featuring a pair of rivals in the English Premier League. With the Cardinals on the road, Busch Stadium welcomes some of ...
Construction begins final phase Page Ave extension
Construction is set to begin this morning on Stage 3 of the Page Extension, and MoDOT local leaders are gathering in St. Charles County later Wednesday morning to mark the occasion...
IL Republican Bucshon to challenge Enyart for 12th Dist…
O'FALLON, Ill. (AP) - An Illinois Army National Guard veteran and former sports journalist says he's running for a southern Illinois congressional seat. The Belleville News-...
IL Senate overrides `Smart Grid' veto
SPRINGFIELD, Ill. (AP) - The Illinois Senate has again approved a plan to address so-called Smart Grid technology over the objection of Gov. Pat Quinn. Senators voted 44-11 ...
Dozens homeless after St. Charles apartments flood
Dozens of St. Charles residents are homeless after their apartments flooded during Monday night's heavy rainfall. Residents at the Riverview Lane Apartments spent Tuesday ...
Stan Musial's house for sale
For the right price, you can live like a Cardinal great. The home of Stan "The Man" Musial is on the market. The family of Stan decided it is time to sell his mid-century Ladue ho...
IL lawmaker removes name from gambling expansion bill
SPRINGFIELD, Ill. (AP) - The longtime promoter of expanding Illinois gambling has taken his name from a bill over "perceived conflict of interest" with his law firm. In a stateme...
Man convicted for molesting child
A north county man is headed to jail after a jury convicted him of molesting a child. Richard Williams was found guilty of five charges in all. Williams molested the child, who wa...
