Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

Site map
 
 
 

   SPRINGFIELD, IL (AP) - Once again Illinois lawmakers are considering a list of tax breaks and other incentives to keep some companies in the state and attract others.

   The most widely publicized proposal is a $24 million tax break aimed at persuading Archer Daniels Midland Company to keep its new global headquarters in Illinois.

   Legislators at this week's fall session in Springfield also could be asked for a tax break to retain the company that emerges from a merger between OfficeMax Inc. of Naperville and Office Depot Inc., among others.

   Some lawmakers say the state's bad finances make timing difficult for new such breaks.

   Others say the state needs to take a harder look and adopt a more comprehensive way to scrutinize such incentives in the future.

 
Published in Local News

   Despite opposition from reinstated Ellisville Mayor Adam Paul, tax breaks for a proposed Walmart development are moving forward, albeit slowly.  The City Council voted 4-3 Wednesday night to authorize TIFs for project developer Sansone Group.  

   The vote came after Jim Sansone and Mayor Paul exchanged heated words during the packed meeting.  Sansone promised court action if the council reversed their 2012 approval of the development.  Paul acknowledged his continued opposition, but also recognized that the council majority would rule.  

   A second vote is needed to finalized the bill.  That's expected to happen at a special council meeting later this month.

Published in Local News
JEFFERSON CITY, Mo. (AP) - A Missouri Senate committee has endorsed legislation to end an income tax break for low-income seniors and disabled residents who rent their homes, despite pleas from the poor not to do so.

Several disabled renters testified Tuesday that the tax break of up to $750 annually allows them to pay medical bills, utilities and clothing. They pleaded with the Senate Appropriations Committee to keep the tax break.

But the committee voted to advance a bill that would do away with the tax credit and redirect the $57 million of savings to programs that serve seniors and the disabled. The plan is backed by Gov. Jay Nixon.

A commission Nixon appointed recommended ending the tax break for renters while continuing it for homeowners. The credit is intended offset property taxes.
Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
Missouri lawmakers take on e-cigarette restrictions

Missouri lawmakers take on e-cigarette restrictions

JEFFERSON CITY, Mo. (AP) - The Missouri House and Senate have each passed bills that would prevent people younger than 18 from purchasing electronic cigarettes.    ...

Man admits to burning dog in 2013

Man admits to burning dog in 2013

St. Louis, MO (KTRS) - A St. Louis man is headed to prison for burning a dog so badly, that the animal had to be put down.   Wesley Reid appeared in court Thursday ...

Illinois jobless rate at lowest level in five years

Illinois jobless rate at lowest level in five years

CHICAGO (AP) - State officials say unemployment in Illinois dropped in March to 8.4 percent. That's its lowest level since 2009.      The Illinois Departm...

Illinois gives early OK to $100M for Obama museum

CHICAGO (AP) - An Illinois House committee has advanced a plan to devote $100 million in state funds to help bring President Barack Obama's presidential museum and library to Ch...

Steve Stenger Nabs Labor Endorsement

St. Louis, MO --  Councilman Steve Stenger announced Thursday that he has received the St. Louis Labor Council's endorsement in the race for St. Louis County Executive. &nb...

America stands with Kansas City mourners

America stands with Kansas City mourners

OVERLAND PARK, Kan. (AP) - Attorney General Eric Holder says all Americans are standing with the mourners of three people killed at Jewish community sites in suburban Kansas Cit...

Missouri Senate confirms Social Services director

Missouri Senate confirms Social Services director

JEFFERSON CITY, Mo. (AP) - The Missouri Senate has confirmed a longtime employee of the Missouri Department of Social Services to be the agency's new director.   Br...

© 2013 KTRS All Rights Reserved