JEFFERSON CITY, Mo. — For years, state economic development officials in Missouri and Kansas have been poaching jobs in the Kansas City area. Companies that agree to relocate across the state border have been able to access hundreds of millions of dollars in incentives that created little, if any, economic benefit for the region.
Today, the Missouri Senate endorsed a plan to end this practice. The proposal is contained in Senate Bill 635, sponsored by Sen. Ryan Silvey, a Republican from Kansas City. This legislation would prohibit Missouri from offering various incentives to business relocating from the Kansas counties of Douglas, Johnson, Miami or Wyandotte to the Missouri counties of Cass, Clay, Jackson or Platte. If approved by the House and signed by the governor, the law would only go into effect when Kansas passes a similar law.
The Missouri Chamber of Commerce and Industry supports this legislation and thanks the Senate for approving the bill today.
“Development incentives are critical tools that encourage investment in Missouri. However, our incentives are a limited resource. We need to ensure we are targeting these incentives toward companies that are actually bringing new jobs to Missouri and our metropolitan regions,” said Daniel P. Mehan, president and CEO of the Missouri Chamber. “It’s time for Missouri and Kansas to stop seeing Kansas City as a battleground. Let’s work together to attract new investment into Kansas City in a way that benefits the metropolitan area in both states.”
The Missouri Chamber of Commerce and Industry (www.mochamber.com) was founded in 1923 and is the largest business organization in Missouri, representing almost 3,000 employers, providing more than 425,000 jobs for Missourians.