Missouri Lawmakers Consider Incentives For Sports Events

JEFFERSON CITY, Mo. (AP) — Missouri state lawmakers are considering incentives to lure amateur sports events such as NCAA Final Four basketball games, U.S. Olympic trials and youth soccer tournaments to the state.

The proposed sports incentives are part of the agenda for a special legislative session that starts Tuesday. One proposal before lawmakers could allow a refundable tax credit, with the program capped at $3 million per year.

Missouri has attracted amateur sporting events in the past. But supporters of the incentives say the state has fallen behind other states, such as Texas, which already offer incentives.

They contend the new incentives could help attract sporting events and the economic benefits that come with hosting the events.

Copyright 2011 The Associated Press


One Comment

  1. Ed Golterman says:

    This is by far the worst of the identified areas to benefit from what’s left of the tax credits. Somebody ios being given this carrot to vote for the mega packages-biotech and hub. I dont know about Kanas City but St. Louis sports and casinos is non competitive in the convention, group travel and travel for entertainment bujsiness-especially in the wintertime. Seasonal and
    once in a while sp;orting eventgs dont do it.

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