Senate passes stripped version of China trading hub bill
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Senate passes stripped version of China trading hub bill

Date: September 14, 2011
By: Rebecca Woolf
State Capitol Bureau
Links:

Intro: 
Missouri Senators have passed a modified version of the bill regarding the China trading hub.
RunTime:  0:38
OutCue:  SOC

Wrap: Turning the China hub into more of a China nub.

Cape Girardeau Republican Senator Jason Crowell voted in favor of the bill.

But he said the Senate should not lose sight of their goals when partnering with private companies.

Actuality:  CROWELL9.WAV
Run Time:  00:12
Description: "We will partner with you as a state to create jobs. We will no longer partner with you to do activity that does not create jobs, just because the developers that benefit from that activity say it will create jobs."

He says investing in things that may create jobs is just gambling with taxpayer money.

Senators who opposed the bill say it will restrict local businesses and hinder economic growth.

From the state Capitol, I'm Rebecca Woolf.

Intro: 
Missouri Senators have passed a modified version of the bill regarding the China trading hub at Lambert-St.Louis International Airport.
RunTime:  0:38
OutCue:  SOC

Wrap: And with that, the China hub is now more of a China nub.

St. Louis County Republican Senator Jim Lembke voted against the bill.

He says it still fails to protect all businesses.

Actuality:  LEMBKE.WAV
Run Time:  00:13
Description: "I'm concerned about those small businesses in the first senatorial district that have never come to the state and asked for one red cent of tax credit money."

Lembke says this bill is one more failed attempt at central planning and the government needs to stop picking favorites.

Senators who support the bill say the trading hub will foster economic growth and create jobs.

From the state Capitol, I'm Rebecca Woolf.

Intro: 
Missouri Senators have stripped down the bill for the China hub, turning it into more of a China nub.
RunTime:  0:39
OutCue:  SOC

Wrap: The Senate took away 300-million dollars worth of funding for the trading hub.

Southeast Missouri Republican Senator Kevin Engler said he is voting in favor of the changed bill.

But Engler said he is nervous that money from tax cuts necessary to fund the hub will not materialize.

Actuality:  ENGAL.WAV
Run Time:  00:08
Description: "I'm gonna vote for this bill hoping that we do some economic development. But, I gotta tell you, the House has already publicly said they're not going to take those cuts."

Engler says if the money for the hub does not become available, he will no longer support the bill.

Senators who voted against the bill say it will restrict local businesses and will not promote economic growth.

From the state Capitol, I'm Rebecca Woolf.


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