State lawmakers hear plans to end Kansas tax break war
Wed, 05 Feb 2014 20:20:11 GMT —
Missouri lawmakers appear ready to embrace a proposed truce with Kansas in a tax-break battle for businesses.
Missouri House and Senate committees each heard testimony Wednesday on legislation that would call for a moratorium on tax incentives for businesses in the Kansas City region relocating from one side of the state line to another.
The legislation would apply to businesses moving between the Missouri counties of Jackson, Clay, Platte and Cass and the Kansas counties of Wyandotte, Johnson, Douglas and Miami.
Missouri's bill says its moratorium will kick in as soon as Kansas takes a similar action. No one testified against it Wednesday.
A study by the Hall Family Foundation found that Kansas and Missouri have waived $217 million of taxes through two programs to shuffle businesses in recent years.