Authorizes a tax credit for certain capital investments
Voted Do Pass S Economic and Workforce Development Committee
Summary
The bill adds a new tax credit to Missouri’s economic‑development program for companies that commit at least $50 million in new capital investments within two years of filing a notice of intent. Credits are capped at 2.5 % of the investment, must be approved by the Department of Economic Development, and count toward the existing Missouri Works incentive limit. Recipients must file annual job and wage reports and cannot receive overlapping state incentives for the same project.
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