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Missouri Tax Credit News

The latest on Missouri tax credits - June 18, 2010

If the governor can't get his way with the Missouri legislature with respect to Missouri tax credits, he is going to use administrative methods to rein in Missouri tax credits. Governor Jay Nixon announced yesterday that he was going to slow the issuance of Missouri tax credits. The budget is in dire shape and he figured out that delaying the issuance of credits will save the state money. I guess the developers paying interest on their bridge loans will just have more interest expense.

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