Missouri Legislative Session Halfway Update
The Missouri General Assembly is on spring break this week, marking the traditional halfway point of the state legislative session. Here is a recap:
Hostility between members of the Missouri Senate is a central theme and has halted most regular business in the upper chamber, including the approval of a new congressional district map. While the Senate has been gridlocked, the Missouri House has been moving some bills through the process, including several priorities of Greater St. Louis, Inc.
A top priority this year is advancing entrepreneurship and innovation by increasing investment in the Missouri Technology Corporation (MTC). Greater St. Louis, Inc. is advocating in the capitol for the $94.9 million in federal American Rescue Plan Act (ARPA) State Small Business Credit Initiative dollars to flow through MTC as well as an increase in MTC’s general revenue budget. Learn more about our entrepreneurship advocacy here and read Greater St. Louis, Inc. CEO Jason Hall’s recent Op-Ed about MTC funding in The Missouri Times here.
The team is also advocating for a Missouri Research & Development (R&D) Tax Credit that will allow Missouri and the St. Louis region to capitalize on opportunities in critical innovation sectors that create high-paying jobs. Both Senate and House versions have had hearings and will soon find their way onto legislative calendars. Learn more about our R&D advocacy here.
Funding for public transportation is another top priority for Greater St. Louis, Inc. Investing in public transit makes quality jobs, health care, education, and other services more accessible to all of Missouri’s citizens. Citizens for Modern Transit and the Missouri Public Transportation Association have joined Greater St. Louis, Inc. to advocate for public transit to receive a $7 million general revenue appropriation and $1.7 million from the State Transportation Fund. Learn more about our transit advocacy here.
The Parson Administration and the General Assembly are in the process of deciding how to spend the billions of dollars the state has received from the federal stimulus and infrastructure bills. Greater St. Louis, Inc. is working to help craft programs so the St. Louis region is fairly represented in funding decisions – specifically in the areas of community revitalization and broadband accessibility. Learn more about the Missouri Department of Economic Development’s request for Information on ARPA-funded projects here.
Greater St. Louis, Inc. looks forward to joining with our investors to advocate for each of these priorities at our Day at the Missouri Capitol, March 30. We will provide transportation for our investors from St. Louis to Jefferson City and back. While in Jefferson City, we will enjoy lunch at the Governor’s Mansion, hold meetings with elected officials, and attend a reception. Learn more and register here.
Thank you to all our investors for your continued support of pro-growth public policy. We look forward to closing out the 2022 session strong. Please reach out to any member of the ChamberSTL team if you have any questions.