By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – Active dialogue between the governor’s office and state lawmakers ultimately enabled changes to state pension plans that supporters say will save the state $662 million in the next decade. Gov. Jay Nixon on Monday signed the bill, which the administration said would garner enough savings [...]
Continue reading …By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. –- A state senator stalled the progress of a proposed law to offer incentives to the Ford Motor Co. (F) in exchange for continued investment in its Missouri workforce. Sen. Chuck Purgason, R-Caulfield, chair of the Senate Government Accountability and Fiscal Oversight Committee, on Thursday abruptly [...]
Continue reading …By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – A House committee approved an auto manufacturing incentives bill that the governor’s staff said goes outside the call of the special legislative session. But, Gov. Jay Nixon said, the legislature has the momentum to accomplish “a real difference for Missouri’s automotive industry.” The House Job [...]
Continue reading …Uncertainty Defines First Day of Special Session By DICK ALDRICH and REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. — An auto manufacturing incentives bill is virtually assured passage in the Missouri House. But the fate of a bill reducing retirement benefits for future state employees is not as certain. In the Senate, the opposite [...]
Continue reading …By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. — Lawmakers accomplished one of the governor’s four requested ethics reforms with less than 24 hours left in the 2010 legislative session. When the compromise ethics bill arrives on his desk, Gov. Jay Nixon will be left to decide if some ethics reform is better than [...]
Continue reading …May 4, 2010 By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – A state senator has asked Attorney General Chris Koster to evaluate a recent decision by the governor to dismiss a portion of an educational funding bill without vetoing the item. In April, Gov. Jay Nixon signed a supplemental budget bill that would [...]
Continue reading …April 20, 2010 By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – The investment management Missouri’s two largest pension plans – one with a history of solid return on investments, the other with questionable fiscal health – may soon be streamlined. The funds would remain separate entities – no money would move from one [...]
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