Modifies provisions relating to public facilities

Summary

The bill adds a new section to Missouri law that makes a lessee responsible for a share of the reasonable costs to demolish or substantially rebuild a public facility when the lease ends and the facility cannot be readily adapted for another use. Liability is limited to costs directly tied to the lessee’s exclusive‑use layout or improvements they installed, and the share cannot exceed one percent of the total cost multiplied by the number of lease years. The Department of Economic Development would assess the costs and the lessee could appeal the decision.

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