FailedFiled Feb 19, 2026
Sponsor: David Gregory (R)
Latest Action
Hearing Conducted S Rules, Joint Rules, Resolutions and Ethics Committee
Apr 22, 2026
Summary
The bill renews the expired Missouri Downtown and Rural Economic Stimulus Act, permitting developers to modify approved projects and extending related debt obligations to 35 years. It directs the Department of Economic Development to use construction and residential tax increments to fund these projects and removes certain displacement requirements. The goal is to encourage additional private investment and job creation in urban and rural areas.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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