Film tax credit in Missouri is endangered – $4.5 million tax credit may be used for startups instead

Missouri’s "Open for Business" sign in Hollywood may soon be coming down.

The $4.5 million tax credit designed to lure filmmakers here may get killed and replaced with an incentive to spur investment in startup companies. That’s the recommendation expected to emerge this week from a panel studying the state’s 61 tax credit programs and suggesting reforms to Gov. Jay Nixon.

By TIM LOGAN

Full Story: http://www.stltoday.com/business/local/article_40cc53a6-9a18-5e59-a1a5-d0d3001d9607.html