Springfield, MO

Log in Subscribe

Missouri lawmakers pass GM tax break bill

Posted online

Missouri lawmakers yesterday approved a tax incentive package for General Motors.

The decision followed a 27-hour filibuster by fellow Republicans who were opposed to part of the bill. Specifically, a portion of the bill allows for upfront tax breaks to businesses before they complete planned expansions or hire more employees.

GM was approved for up to $50 million in tax credits over 10 years if it invests $750 million expanding its truck and van plant in Wentzville.

Read more from The Associated Press.


No comments on this story |
Please log in to add your comment
Editors' Pick

Why is SGF so enticing to Kum & Go?

First entering the Springfield market 15 years ago, Kum & Go LC’s local construction activity is hard to miss these days.

Most Read Poll
What’s your convenience store of choice?

View results