State law currently allows borrowers to renew their loans six times, but that may not be the case depending on a new bill endorsed by Missouri legislation.
Gov. Nixon called for expansion during his State of the State address.
A Senate committee scheduled a public hearing Thursday on three different tax-cutting bills.
“Passage is assured in the House, the votes are there in the Senate, and I believe we stand an excellent chance at making this progress”
“I think it’s going to go right down to the wire,” says Rep. Mike Colona, D-St. Louis. As for the Missouri Senate, Sen. Joe Keaveny hopes the Senate doesn’t even bring the bill up for a vote.
A special committee has been charged with commissioning an independent study to provide a “comprehensive analysis of the taxation and governance issues.”
The measure would exempt the Doe Run Resources Corp. from punitive damages if the court determines the company is making a “good faith” effort to clean up the contaminated sites.
Senators debated the measure Tuesday but did not reach a vote. Lawmakers have until 6 p.m. Friday to approve legislation before their mandatory adjournment.
The Missouri House passed the Senate-originated measure which would give voters the choice to increase the sales tax by one cent over 10 years to fund improvements.
The bill would change which projects fall under the state’s wage requirement for public construction projects.