St. Louis Senator wants level playing field for Missouri to host sporting events
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St. Louis Senator wants level playing field for Missouri to host sporting events

Date: January 16, 2013
By: Brendan Cullerton
State Capitol Bureau
Links: SB 10

Intro: 
St Louis Senator Eric Schmitt wants to offer tax breaks for sporting event hosts, and St. Louis sports commission members agree.
RunTime:  0:38
OutCue:  SOC

Wrap: Tax credit bills for amateur sporting events failed the last two years, but Schmitt says this one is different.

Actuality:  SCHMITT1.WAV
Run Time:  00:13
Description: "It gets at what we're really trying to get at. Bringing these events to our state, to generate revenue, not just for the state, but also those businesses that support these kind of events."
 
St. Louis Senator Jamilah Nasheed says this is one of the major priorities for St. Louis during the legislative session.
 
St. Louis Sports Commission chair Dave Peacock says it's no accident that Texas is picking up three of four Final Fours, and Missouri needs to keep up.
 
Reporting from the state Capitol, I'm Brendan Cullerton.

 

Intro: 
A St. Louis Senator says Missouri has fallen behind other states in hosting sporting events, but tax breaks for the hosts can help catch up.
RunTime:  0:40
OutCue:  SOC

Wrap: St. Louis Senator Eric Schmitt says Missouri needs to level the playing field with states that already offer tax breaks to sports commissions hosting events, like Texas and Ohio.

Schmitt filed a bill that would grant these kind of tax breaks for Missouri sports commissions.

St. Louis Sports Commission chair Dave Peacock says tax credits are a major reason for other states jumping Missouri in hosting events like the Final Four.

Actuality:  PEACOCK.WAV
Run Time:  00:06
Description: "It's not an accident that Texas is picking up three of four Final Fours."

Schmitt says amateur sporting events would not only help cities throughout Missouri, but also businesses.

Reporting from the state Capitol, I'm Brendan Cullerton.