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Invest in Missouri Endorsed By KC Chamber
Legislation to reinvest $1
billion in Missouri KANSAS CITY - The
Greater Kansas City Chamber of Commerce voted yesterday to fully endorse Invest in
Missouri, legislation developed by State Treasurer Clint
Zweifel, which reinvests $1 billion in Missouri communities. "Invest in Missouri is timely state
legislation that we at the Chamber felt was critical to see passed," said Peter
deSilva, First Vice Chair and Vice Chair for Governmental Relations and Policy
Development and Centurions for the Chamber.
"Expanding small business incentives and reinvesting in financial
institutions creates strategic tools for the Kansas City area as we work
through these tough economic times." Invest in
Missouri has passed the
Missouri House of Representatives 150-0 and the Missouri Senate 32-0 in House
Bill 883 and Senate
Bill 542, respectively. Final
passage of either bill would put Treasurer Zweifel's plan to create and retain
jobs and reinvest $1 billion in Missouri communities into law by expanding the Missouri Linked Deposit
Program and removing an interest-rate cap currently placed on state general
time deposits. Treasurer Zweifel visited Liberty and Kansas City in March to
promote the legislation that is sponsored by Rep. Tim Flook, R-Liberty, and
Sen. David Pearce, R-Warrensburg. "Rebuilding our economy and putting Missourians back to work
are my priorities. This legislation does
that," Treasurer Zweifel said. "Invest
in Missouri is finding broad support, and I thank the Greater Kansas
City Chamber for its vote of confidence." |
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