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Governor Signs Jobs Legislation

http://ozarkspub.vo.llnwd.net/o37/KSMU/audio/mp3/governorsi_330.mp3

Governor Bob Holden came to Springfield to talk about the Jobs Now legislation that he signed this week. KSMU's Missy Shelton reports.

Governor Holden was in Springfield today (Thursday) to sign into law the "Jobs Now" legislation aimed at creating jobs through local public works projects.

SPRINGFIELD MAYOR TOM CARLSON TOLD THE GOVERNOR DURING THE BILL SIGNING CEREMONY THAT HE ALREADY KNOWS OF A PROJECT IN SPRINGFIELD THAT COULD BENEFIT.

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CARLSON SAYS THE JOBS NOW PROGRAM WILL ALSO HELP AS THE CITY UNDERTAKES OTHER DEVELOPMENT PROJECTS IN OLDER AREAS OF THE CITY.

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IN ADDITION TO PROVIDING MONEY FOR LOCAL PUBLIC WORKS PROJECTS, THE BILL SETS ASIDE 15 MILLION DOLLARS TO HELP RETRAIN EXISTING WORKERS WHO NEED TO KEEP UP WITH NEW TECHNOLOGY.

GOVERNOR BOB HOLDEN SAYS THERE ARE CRITERIA COMPANIES MUST MEET TO RECEIVE THIS BENEFIT.

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Holden outlined the JOBS NOW plan in December. Initially, he called

for a bond issue of up to 200 (m) million dollars. Lawmakers

backed the measure without dissent, but opted for direct funding

instead of bonds.

FUNDING FOR THE JOBS NOW INITIATIVE COMES FROM FIVE TAX CREDIT PROGRAMS THAT ARE ELIMINATED IN THE BILL.

WHILE THE BILL HAD UNANIMOUS SUPPORT, SOME LAWMAKERS SAY THERE'S MORE TO BE DONE TO MAKE MISSOURI MORE BUSINESS FRIENDLY.

AT THURSDAY'S BILL SIGNING IN SPRINGFIELD, REPUBLICAN SENATOR GARY NODLER OF JOPLIN CALLED FOR OTHER ECONOMIC DEVELOPMENT PROPOSALS.

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THE BILL TAKES EFFECT AUGUST 28TH.