Establishes the "Revitalizing Missouri Downtowns and Main Streets Act"
This Bill Replaced with a Substitute Bill - Check Primary Bill - HB 3231 - 03/04/2026 - HCS Reported Do Pass (H)
Summary
The bill would let developers receive a state tax credit equal to a portion of the costs of converting qualifying office buildings into housing. Credits could be used to offset state tax liability, carried back up to three years or forward ten years, and transferred to other parties. It targets buildings at least 25 years old and encourages residential development in designated Main Street districts.
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