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Governor Jay Nixon toured the state Wednesday, highlighting the economic package he wants lawmakers to pass in a special legislative session in September. In Springfield, he made a stop at Holloway America, a five-year-old company that makes stainless steel tanks and other tools used by pharmaceutical companies. KSMU’s Jennifer Moore reports.
The Governor actually unveiled his Made in Missouri Jobs Package last week. Now, he’s traveling the state trying to sell it.
Nixon’s proposal has five parts.
“First of all, we’re going to try to pass the Missouri Science and Innovation Reinvestment Act, or MOSIRA, which will invest in high-tech companies so we can create products, services, and procedures that can be used worldwide,” Nixon said.
The governor says he wants to cut red tape for businesses, and also make Missouri a hub for exporting internationally. That part of the plan would involve making large investments in the infrastructure surrounding Lambert-St. Louis International Airport.
The plan would create incentives for high-tech data centers so that IT companies can set up shop easily in Missouri. And lastly, Nixon says the state will be able to pay for the plan by revamping Missouri’s state tax credits.
“Here in Missouri, we pay our bills. We pay them on time, we make decisions, and we move forward. And consequently, in order to pay for the economic incentives we want to have, we’re gonna need to get, finally, tax credit reform,” Nixon said.
Last week, Republican leaders put forth their own economic proposal, which included many of the same points. At the time, House Majority Leader Tim Jones said that the governor had not been involved in their plan. However, this week the governor says he’s met with Republican leaders in the House and Senate, and that his jobs package has bi-partisan support.
The Republican plan also included incentives for college and amateur sporting events to choose Missouri as a venue.
For KSMU News, I’m Jennifer Moore.
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The governor also said he wants part of the special session to be devoted to how the state will pay for the natural disasters that have hit the state this year.
