Intro: | If passed the Manufacturing Jobs Act would reward Missouri businesses for keeping jobs in Missouri |
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RunTime: | 0:45 |
OutCue: | SOC |
Wrap: Senators heard how the Manufacturing Jobs Act would affect Missouri jobs Wednesday.
Manufacturing companies and their suppliers would not have to pay half of their tax withholdings if they meet the requirements for creating and retaining Missouri jobs.
Bill sponsor Representative Jerry Nolte, a Gladstone Republican, says the bill will help both big and small manufacturing businesses including their employees.
Actuality: | NOLTE.WAV |
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Run Time: | 00:13 |
Description: "This bill goes all the way from a large manufacturer, like say the Ford Motor Company, all the way down to a very small shop. It's hard to overestimate how important these are, especially the smaller manufacturers and their effect on the smaller communities that they are located in." |
The Senate Economic Development Committee is expected to vote on the bill next week.
Reporting from the State Capitol, I'm Sami Hall.
Intro: | Manufacturing companies will be rewarded for creating and retaining Missouri jobs if a house bill becomes law. |
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RunTime: | 0:42 |
OutCue: | SOC |
Wrap: The Senate Economic Development Committee discussed the Manufacturing Jobs Act Monday.
The bill would provide incentives to manufacturing companies to create and retain Missouri jobs by cutting their tax withholdings in half if they meet requirements.
Senator Luann Ridgeway, a Smithville Republican, says the bill will make Missouri more competitive with neighboring states.
Actuality: | RIDGE.WAV |
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Run Time: | 00:13 |
Description: "The Ford Claycomo plant is a very aging plant in comparison to all the other Ford plants. And so Missouri is going to have to set up to the plate and do something to out-compete other states who desperately want those thousands of good jobs." |
Legislative staff say the bill will cost the state up to $35 million.
Reporting from the State Capitol, I'm Sami Hall.