Missouri Chamber remains hopeful of economic development package

The Missouri Chamber continues to push for passage of the broad economic development legislation that has been the focus of the 2011 Special Session.

“We appreciate the extra time the Missouri Legislature is giving to reach resolution on the issue,” said Daniel P. Mehan, Missouri Chamber President and CEO.  “We realize it is a controversial issue, but it is time for the legislature to finish what it started. We have never lost hope that the General Assembly would find a way to overcome their differences in the bill.”

Progress now seems to be hung up over sunsets for low income housing and historic preservation funding.  On the line are job retention funding, data center incentives, provisions to advance high-tech start-ups, and incentives tied to building an international air cargo hub in and around Lambert Airport.

Ironically, today, China Eastern lands its inaugural cargo flight in St. Louis.

“After years of cultivating a big idea, we now have a real plane landing with real cargo,” said Mike Jones, chairman of Midwest-China Hub.  “Next, Missouri must energize its ability to export. More cargo means more flights, and more flights mean more jobs.”

“That goal is directly tied to Missouri lawmakers’ ability to compromise on this legislation,” said Mehan.  “We implore the legislature not to let all of the work that has gone into this debate be for nothing.”

For press requests on this release, please contact Karen Buschmann, vice president of communications for the Missouri Chamber, at 573.634.3511 or kbuschmann@mochamber.com.

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