[CPEO-BIF] Missouri "House oversight chairman wants to review tax credit procedures"

[Lenny Siegel <lsiegel@cpeo.org>]

House oversight chairman wants to review tax credit procedures


By JEREMY KOHLER
St. Louis Post-Dispatch (MO)
June 20, 2013

The chairman of a Missouri House government accountability committee  
has opened an investigation into the state program that subsidizes  
brownfield redevelopment after a Post-Dispatch story exposing  
oversight lapses at the taxpayer-funded hazardous waste cleanup and  
demolition of Northwest Plaza.

Rep. Jay Barnes, R-Jefferson City, gave the directors of the  
Department of Natural Resources and the Department of Economic  
Development a July 18 deadline to turn over records and answer  
questions about how tax credits worth $7.8 million were awarded to  
pay for the project.

It is the second government inquiry opened into the state’s  
brownfield remediation tax credits as a result of the newspaper’s  
reporting. Missouri Auditor Tom Schweich’s office has been reviewing  
the Department of Natural Resources’ role in brownfield tax credits  
and plans to begin an audit later this year of the brownfield  
remediation tax credit program within the Department of Economic  
Development.
...


For the entire article, see
http://www.stltoday.com/news/local/metro/house-oversight-chairman- 
wants-to-review-tax-credit-procedures/article_32e79f9b-bc07-5588-b058- 
b670466f12e0.html

You may need to copy and paste the link.

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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