State Goes into Economic Development Special Session

State:  Missouri

The economic development goal: 

• return jobs
• help a region of the state that’s suffered economically since a major aluminum smelter closed last year

What lure do the companies need to move into the economically repressed area of Missouri?

• a cheaper electric rate with a longer contract than is allowed under current law

What’s the opposition say? Doing this would allow electric companies to raise rates on residential customers

AP | Missouri Lawmakers Power up for Electric Special Session