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
Missouri Senator could call new session
JEFFERSON CITY, Mo. (AP) - Missouri's legislative session is over, but the work may continue for some lawmakers. Senate President Pro Tem Tom Dempsey says he is considering appoin...
Crews search for man who fell into Mississippi River
The search continues for a man in the Mississippi River. Police say two men were in a car that was parked near the Merchants Bridge in north St. Louis when it started to roll. The...
Huge tornado rips across Moore, OK
MOORE, Okla. (AP) - Neighborhoods are flattened and buildings are on fire after a mile-wide tornado moved through the Oklahoma City area. Television footage on Monday afternoon s...
Violence, crime prevention program expands to St. Louis…
St. Louis ciyy and county police are launching a new program that targets violence in high-crime areas. The "St. Louis Initiative to Reduce Violence" or "SIRV" was announced this ...
Scientists say New Madrid could be due for large earthq…
It has been over two hundred years since the powerful New Madrid earthquakes. Scientists now say that lull could end in the not-too-distant future. They expect a the fault to unle...
MO legislative session over, but work may continue
JEFFERSON CITY, Mo. (AP) - Missouri's legislative session is over, but the work may continue for some lawmakers. Senate President Pro Tem Tom Dempsey says he is considering appoin...
Gov. Quinn says lawmakers have chance to "make history"
Springfield, IL - AP - Gov. Pat Quinn says Illinois has a chance to make history before the end of the legislative session this month on the issues of pension reform and same-sex m...
Macy's in downtown St. Louis set to close this summer
94 employees at the downtown Macy's are starting the job search. The retailer announced they plan to close their downtown store this summer. Macy's officials say that eligible wor...
