by Jeff Brooks – MOMMA Government Consultant
Legislative Update â€“ Jeff Brooks, MOMMA Government Consultant
The 2013 Missouri legislative session has come to an end.Â Regarding our two objectives for this session:Â (1) the legislature maintained $100,000 of funding in the state budget for the Missouri Film Office; (2) however, the legislature did not reauthorize the Missouri Qualified Film Production Tax Credit, which will expire later this year. (November 28, 2013)
(1)Â Â Â Â Â Â Â Â Â $100,000 of Film Office funding passed out of the House and the Senate, with strong support from both the Senate Appropriations Chairman, Senator Kurt Schaefer (Republican â€“ Columbia) and the House Budget Chairman, Representative Rick Stream (Republican – Kirkwood). However,Â our biggest challenge remains, namely winning the support of Governor Nixon.
(2)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Once again, the legislature failed to pass one of its top priorities, tax credit reform. Without such reform, the legislature, especially the Senate, had little interest in extending tax credit programs scheduled to sunset this year, including the Missouri Qualified Film Production Tax Credit.
-Representative Anne Zerr’s (Republican â€“ St. Charles County) House Bill 698 was the best hope for consensus between the House and Senate regarding significant tax credit reform. However, the positions of the two chambers ended the session very far apart. In the end, HB 698 failed.
-Reauthorization of the Missouri Qualified Film Tax Credit had been included in HB 698 for most of the session. However, lack of support from the fiscal conservatives in the Senate eventually forced even Representative Zerr to remove the program from HB 698 in the final days of session. Eventually, even HB 698 failed due to lack of agreement between the House and Senate.