Bill sponsor, Rep. Mike Leara, R-St. Louis County, said the tax credit incentives would create new business and jobs for the St. Louis area. The tax credits' expiration date could be extended if the legislature chose to reauthorize the credit; otherwise, they would run out after the original eight years ends.
Bill Sponsor, St. Louis County Representative Mike Leara says the bill is designed provide tax credits to freight forwarders as a way to attract businesses to ship their products out of St. Louis rather than Midwest competitors like Chicago.
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