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Keyword: taxabatements

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  • Manufacturing Jobs Act, Ford incentives pass Missouri General Assembly

    07/15/2010 6:09:24 AM PDT · by Abathar · 3 replies
    Kansas City Business Journal ^ | Wednesday, July 14, 2010 | Suzanna Stagemeyer
    The Missouri Manufacturing Jobs Act, which includes an incentive package of as much as $100 million for Ford Motor Co., is headed to Gov. Jay Nixon. An initial bill had passed the House in late June, but stalled in the Senate, which passed its version of the bill 20-7 about 9:15 a.m. Wednesday after a filibuster attempt. The House then approved the Senate bill by a 101-40 vote, sending it to Nixon, who released a statement Wednesday afternoon supporting the initiative’s passage. “With the sharper, stronger economic tools provided by this jobs bill, Missouri can make sure that our automotive...
  • Jersey City - Bret Schundler - Tax Abatements

    05/25/2005 10:37:14 AM PDT · by Calpernia · 1 replies · 705+ views
    Jersey City's downtown waterfront market is one of the strongest real estate areas in this country. Developers pay millions to buy small parcels of land. Colgate sold an acre for $10 million. Before Bret Schundler ran for office, he spoke against tax abatements at council meetings. When he ran for office, his campaign literature (Special Election 1992) candidate Schundler said, "... reducing sales and property taxes for all will promote far more jobs than tax abatements for the powerful few." Previously, Mayor Cucci gave abatements linked to affordable housing. Avalon Cove, an abatement that Mayor Cucci turned down because it...