Missouri Senate passes innovation campus tax credit

Thursday, May 1, 2014 | 7:27 a.m. CDT

JEFFERSON CITY — Missouri lawmakers sent Gov. Jay Nixon legislation to create a new tax credit for donations to innovation campuses.

The campuses are designed to help students complete their degrees sooner and land jobs in high-need fields. Projects involve partnerships between colleges and universities, businesses and, frequently, area school districts to help students earn college credits and get work experience.

Currently, some of the campuses are funded through grants. The measure given final approval Wednesday would allow funding from tax credits equal to 50 percent of a taxpayer's donation.

The Senate passed the measure 32-0 Wednesday and the House gave its approval earlier this year.

The credit would expire in August 2020.

Like what you see here? Become a member.

Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.