A legislative staff investigation has found that it is not clear how much the state gains from its programs providing tax breaks to businesses.
The report from a legislative staff concluded that the administration did not maintain adequate records to judge the benefits from the hundreds of millions of dollars the state provides in tax credits.
The director of the legislature's Oversight Division is Mickey Wilson.
|Description: "200 million dollars that we have no clue on what we got out of it, or from your review of this specific project, you can't figure that out." "Yes sir."|
Missouri gives away more than one-half billion dollars per year in tax credits for various business and special interest activities.
It's been a major issue of dispute in the ongoing debate about economic incentives for business.
Reporting from the state Capitol, I'm Tong Gao.