Parson Vetoes Ag Bill with Tax Credits

(MISSOURINET) –  Governor Mike Parson has vetoed an agriculture bill that includes tax credits for biofuels manufacturers, meat packers and young farmers.

Parson says the bill only provided two-year extensions to the tax credits under the Missouri Agriculture and Small Business Development Authority, which he says is ‘problematic’.

He plans to call a special session sometime in the near future to ask the legislature to instead extend the terms of these tax credits to six years.

Parson says leading ag groups around the state are on board with the veto.