Create a free Manufacturing.net account to continue

Missouri Lawmakers Consider Automaker Aid

Lawmakers are considering whether to take money from future state employees and give it to automakers, particularly Ford.

JEFFERSON CITY, Mo. (AP) -- Missouri lawmakers are convening in a special session to consider whether to give money to automakers and take it from future state employees.

The special session was scheduled to begin at noon Thursday. But most of the work won't occur until next week.

Gov. Nixon has limited the special session to two topics:

-- Tax incentives for automobile makers and their suppliers.

-- Changes to the state employee retirement system that could require new workers to contribute toward their pensions and delay their retirement eligibility.

Savings from the pension changes are intended to offset costs for the new tax incentives.

The primary target of the incentives is Ford Motor Co.'s Claycomo assembly plant near Kansas City.

More in Supply Chain