Establishes the "Missouri Innovation, Public Safety, and Accountability Act"

Summary

The bill lets a city voluntarily designate an Innovation District covering its historic downtown, central business district, or Main Street area. After submitting a master plan to the Missouri Department of Economic Development, the city can access state tax exemptions, opportunity‑zone benefits, office‑to‑residential credits, sales‑tax reinvestments and other incentives for qualifying projects, while also allowing local tax abatements and tax‑increment financing. The program is intended to spur housing, jobs, business growth and public‑safety improvements without overriding local land‑use authority.

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