Missouri House panel backs end to Kansas business battle
Tue, 11 Feb 2014 14:22:01 GMT —
A Missouri House committee has advanced legislation seeking to end to a tax-break battle for businesses with Kansas.
The bill endorsed Monday by a special House business committee would affect four counties on each side of the Missouri-Kansas line in the Kansas City area.
Missouri would stop offering tax breaks tailored for businesses to move from those four Kansas counties into one of the four Missouri counties -- but only if Kansas enacts a similar moratorium through legislation or an executive order.
The proposal comes after the states have waived hundreds of millions of dollars of tax revenues competing with each other for businesses in the Kansas City area.
The counties at issue are Jackson, Clay, Platte and Cass in Missouri, and Wyandotte, Johnson, Douglas and Miami in Kansas.