Thursday, March 14, 2013

Missouri Looks To Attract More Sporting Events With Incentives

Missouri lawmakers have signed off on a bill establishing tax credits for amateur events, in the hopes of attracting more sporting events to the state, The St. Louis Post-Dispatch reports.
The state has been unable to compete with other states that offer the incentives. This plan gives sponsors a credit of $5 a ticket for events brought to Missouri, with a total cap at $3 million.
Critics say that sporting events sometimes have a negative impact, as local residents stay home to avoid crowds.

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