Slay, Dooley Urge Boeing Incentives
JEFFERSON CITY, Mo. (AP) - St. Louis leaders are urging Missouri lawmakers to approve incentives for Boeing to build a new commercial airplane in their region.
St. Louis Mayor Francis Slay and County Executive Charlie Dooley led a delegation of officials testifying Tuesday evening before a legislative committee. They said Missouri could gain thousands of jobs if Boeing chooses to build the new 777X in St. Louis.
Earlier Tuesday, Gov. Jay Nixon released an analysis showing Missouri could offer an aggregate of up to $1.7 billion of incentives to Boeing by 2040. That analysis shows Missouri would gain more in additional tax revenues than it waives through incentives.
St. Louis area governments also would offer incentives. But local economic development officials said they weren’t ready Tuesday to put a price tag on those incentives.
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