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SB 1694·MO·senate

Authorizes incentives for downtown redevelopment

FailedFiled Feb 19, 2026
Sponsor: Steve Roberts (D)
Latest Action

H Informal Calendar Senate Bills for Third Reading (HCS) (In Fiscal Review)

May 15, 2026

Summary

The bill broadens the Missouri Downtown and Rural Economic Stimulus Act by allowing more types of local taxes to be used, extending benefit periods to 30 years, and loosening project‑area rules. It also creates new tax‑credit opportunities for large capital projects, innovation zones, opportunity zones, and angel investors. The changes aim to make it easier for cities and developers to fund revitalization and growth projects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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