Mo. business leaders tout econ development ideas

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JEFFERSON CITY, Mo. (AP) — Business leaders advising the Missouri House speaker have endorsed several economic development plans.

The ideas include several backed by Gov. Jay Nixon to boost training at community colleges, let Missouri companies get a larger share of tax breaks and recruit science companies. That involves diverting tax revenue into a new recruitment fund for science companies.

House Speaker Ron Richard, a Republican from Joplin, has requested economic development advice from business leaders for several years. The advisers met Thursday and Friday in the Capitol.

The group also has endorsed job training efforts and a plan to help manufacturing by letting companies and their suppliers keep some withholding taxes.