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2019 Missouri Legislative Recap

2019 Missouri Legislative Recap. Brian Grace – Nexus Group. passed. Appropriations Missouri Partnership: $2.25m Missouri Technology Corporation: $3m Missouri OneStart : $17.395m Broadband Grants: $5m Fast Track Scholarships: $10m. Passed. GM Incentives Package

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2019 Missouri Legislative Recap

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  1. 2019 Missouri Legislative Recap Brian Grace – Nexus Group

  2. passed • Appropriations • Missouri Partnership: $2.25m • Missouri Technology Corporation: $3m • Missouri OneStart: $17.395m • Broadband Grants: $5m • Fast Track Scholarships: $10m

  3. Passed • GM Incentives Package • SB 68 (Hough/Wiemann) • Will create a new automotive manufacturer’s portion of the Missouri Works program which could provide up to $50 million in tax credits for GM.

  4. Passed • Workforce Development • SB 68 (Hough/Wiemann) • One Start workforce training program • Deal Closing Fund • Fast Track scholarships

  5. passed • Bonding for Transportation • SCR 14 (Schatz/Ruth) • Allows the state to begin issuing bonds totaling $301 million in fiscal year 2021 to repair roads and bridges, but only if the state wins $172 million in a federal INFRA grant.

  6. passed • Border War • SB 182 (Cierpiot/J.Coleman) • Prohibits the offering of tax incentives to companies that would move from the metro Kansas City counties in Kansas to those in Missouri on the condition that Kansas would adopt similar legislation.

  7. passed • MO Works Military • SB 180 (Wallingford/Basye) • Allows tax credits to be issued to industrial development authorities for expansions on military bases.

  8. passed • Wind Farm Assessment • HB 220 (Andrews/O’Laughlin) • Requires wind farms to continue to be locally assessed when acquired by public utility companies.

  9. passed • Enterprise Center and Truman Sports Complex • HB 677 (Patterson/Cierpiot) • Will allow the Enterprise Center in St. Louis to access up to $70 million in state funds to help finance the cost of infrastructure and public safety improvements to the complex.  The legislation will also extend authorization for the State to continue appropriating $3 million in annual payments to Arrowhead and Kauffman stadiums in Jackson County and $2 million annually to the Bartle Hall convention center in Kansas City for the next 10 years.

  10. failed • LHITC • SB 28 (Hegegman/Gregory) • Would have reduced the State’s annual allocation of 9% credits from 100% of the annual federal allocation to 72.5%.  • Would have reduced the State’s annual allocation of 4% credits from $6 million to $4 million.  • Would have allowed any unused dollars reserved for 4% credits to be issued as 9% credits. • Disagreements arose over: • A scoring rubric • Limit on annual state allocation for 9% credits • Transferability

  11. failed • TIF • SB 108 (Koenig) • Required a study which details how the area meets the definition of an area eligible to receive TIF.  • Would have modified the definitions of "blighted area" and "conservation area." • Would have provided that retail projects shall not receive TIF unless such financing is exclusively utilized to fund retail infrastructure projects, as defined in the bill, or unless such area is a blighted or conservation area. • Would have limited the usage of TIFs within the City of St. Louis to areas with high rates of poverty.  • Would have prohibited new projects from being authorized in any Greenfield area.  • Would have prohibited new projects from being authorized in an area designated as a flood plain by FEMA unless such projects were located in Jackson, Platte or Clay counties.

  12. failed • Wayfair • SB 46 & HB 548 (Koenig/Eggleston) • Neither chamber was able to agree on a compromise for how to collect and distribute online sales tax

  13. failed • Halting Grain Belt Express • HB 1062 (Hansen) • Would have prohibited the use of eminent domain for the development of a wind transmission line from Western Kansas, through Missouri and Illinois.

  14. Thank you

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