Wednesday, 18 December 2013 07:37 Published in Local News
JEFFERSON CITY, Mo. (AP) - Missouri Auditor Tom Schweich says he will have reports coming out soon on some of Missouri's biggest tax credit programs.
Schweich says he hopes to release audits early in the 2014 legislative session on tax credits for developers who build low-income housing, renovate historic buildings and clean up contaminated old business sites.
Missouri waived $144 million of taxes during its last budget year because of the low-income housing credits. Developers redeemed nearly $79 million in historic preservation tax credits and more than $6 million in Brownfield remediation tax credits for work on contaminated sites.
Lawmakers are to consider new limits on some of those tax credit programs during their session that starts Jan. 8.
Schweich said he wants the audits out early enough that lawmakers can use the information.
Wednesday, 18 December 2013 03:47 Published in Local News
Boeing is expected to whittle down the list of contenders for their new 777X airplane plant. Missouri is one of 22 states competing for the plant and the 8,000 jobs it could bring. An email from company executive Ray Conner to Boeing employees indicates that the company plans to select a list of finalists this week. The email was posted to the Washington Aerospace Partnership's Facebook.
Missouri's bid includes $3.5 billion in tax incentives and a promise from local unions that the plant could be built using three shifts of workers with no overtime charges.
Jeff Aboussie of the Building and Construction Trades Council of St. Louis told Fox 2 News its worth it to put people back to work. "I don't believe that there's one union in this town that isn't welcoming the fact that Boeing could, hopefully, select St. Louis," he said.
Boeing officials have said they expect to announce the site for the new plant in mid-January.
There are just two winning tickets in Tuesday night's $636 million Mega Millions jackpot drawing and neither of them was sold in the St. Louis area. The winning tickets were purchased in San Jose, California and in Georgia.
The winning numbers for December 17 drawing are: 8-14-17-20-39 with a MegaBall of 7.
There appear to be no new millionaires locally. Lottery officials report 11 tickets sold in Missouri matched four white balls and the Megaball. Two of those players had added the Megaplier, so those tickets are worth $20,000.
The jackpot resets to 15-million dollars for the Friday night drawing.