Incentives

Alderman Michael Browning’s 9th Ward includes the Central West End and Cortex Innovation District. He says that incentives are needed to bring certain kinds of development to St. Louis, but that the city needs to be more creative in the tools it uses, and the Board of Aldermen needs to leave the level of incentives up to the experts.

In 2017, 66 projects were approved for tax incentives. That number dwindled to 11 in 2023.

One member of the St. Louis County Council called the Boeing request for a $155 million tax abatement on the company’s proposed $1.8 billion investment “tone-deaf timing.” It comes just weeks after the council voted against freezing property taxes for seniors.

Aldermen will go on break on Friday for the campaign season. The 2022-23 legislative session ends April 17.

This article first appeared in the St. Louis Beacon, Dec. 6, 2013 - The Missouri House easily passed legislation to attract production of the 777x to the…

Governor Jay Nixon (D) has reconvened his tax credit review commission to again examine which incentives need to be eliminated or further capped. In 2010…

The Missouri House has given first-round approval to legislation that would expand tax breaks for auto parts manufacturers.Ford and General Motors already…

Missouri lawmakers are set to return to the State Capitol next week for a special legislative session.Both Democratic Governor Jay Nixon and Republican…

Governor Jay Nixon (D) is traveling around the state this week, urging Missouri lawmakers to pass numerous tax credit proposals during the upcoming…

Are public incentives likes TIFs and TDDs worth it? An updated report by the East-West Gateway Council of Governments says probably not."We're not…