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Missouri's legislature buts Gov. Holden's Jobs Now program

May 13, 2004
By: Monica Walter
State Capital Bureau
Links: SB 1155

The Missouri House legislature sent the governor a bill containing the words "Jobs Now," but without the one hundred fifty million dollar bond to fund it. Monica Walter reports from the state Capitol.

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The bill was originally to be funded by a one hundred fifty million dollar bond, but the version passed by the House funds the program with general revenue.

Business, Transportation, and Research tax credits have been closed, to create more state revenues.

Representative Tom Dempsey says these funds will go towards the jobs now fund.

Actuality: dempsey.wav
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Contents: "There's additional revenue which we create a grant program and the revenues go into a jobs now fund and then those grants, local governments will make applications for grants."

The bill must be passed in the Senate before tomorrow in order to become law. From the state Capitol, I'm Monica Walter.