A plan to privatize Illinois’ economic development agency and beef up its responsibilities has cleared the House.
Missouri economic development officials on Monday told a House panel that building a new football stadium in St. Louis could bring nearly $300 million in net sales tax revenues to the state over the next 30 years.
The office would be focused on developing partnerships between Missouri and Israeli businesses in agriculture, biotechnology and other emerging fields.
Illinois Gov. Pat Quinn says the new Stan Musial Veterans Memorial Bridge will bring a strong economic impact for both Illinois and Missouri.
Through new entity, city and county seek to eliminate local competition and red tape in economic development and retention.
The report makes a point of stating the panel’s finding that the DED did not do its due diligence while investigating Mamtek.,
Missouri’s Department of Economic Development is still without a director after the Senate refused to approve the Governor’s appointment.
KMOX’s Charles Brennan had questioned Ehlmann about the proposed 9.6 million dollar tax subsidy for a Schnucks development.
“This is an important step for moving this bill toward the finish line.”
An economic development conference draws advice for the city from around the Midwest.