YOUR BUSINESS AUTHORITY
Springfield, MO
Tax credits developers use to breathe new life into old buildings would be pared back in a Missouri Senate bill approved 24-8 on Thursday.
The St. Louis Post-Dispatch reports the measure would reduce the annual cap on credits to $90 million, down from $140 million.
But it would inject an additional $30 million to the program if the cap is met and the projects are tailored for high-poverty areas.
Read more from St. Louis Post-Dispatch.
A relocation to Nixa from Republic and a rebranding occurred for Aspen Elevated Health; Kuick Noodles LLC opened; and Phelps County Bank launched a new southwest Springfield branch.