Creates tax credits for certain capital investments

Summary

The bill would let qualifying companies receive a tax credit equal to no more than 2.5% of their new capital investment, provided they spend at least $50 million within two years of filing a notice of intent. Companies must submit a proposal, obtain department approval, and file annual reports on jobs and wages; data‑storage centers are excluded. The credit is subject to overall state credit limits and cannot be combined with certain other Missouri tax incentives.

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