The has given first-round approval to legislation that would.
Ford and General Motors already have access to the incentives. (R, Lake St. Louis), the bill鈥檚 sponsor, says it would expand the benefit to smaller auto parts builders.
鈥淲hat it does is let the company retain the money that they would have for paying for the taxes for the people in their company," Gatschenberger said. "It depends on if they paid a county-average wage or above a county-average wage, they would get to retain (a) certain amount of monies in their company.鈥�
To qualify, auto parts builders would have to create either five new jobs, or create two new jobs and invest $100,000 on new buildings, equipment or other improvements. The bill needs one more House vote before moving to the .