MO HB1512

Creates the "Seed Capital Technology Business Finance Program Account" within the Missouri technology investment fund to provide investments in early-stage advanced technology companies with 50% or more employees and assets in Missouri, with investments capped at $750,000 or 49% ownership per company.

Establishes the "Proof of Concept Technology Business Finance Program Account" to provide one-time loans up to $75,000 to early-stage technology companies with repayment of two times the loan amount required within five years, with eligible companies having average wages at least 35% higher than county average wage.

Authorizes the Missouri Department of Economic Development to issue tax credits equal to 30% of equity investments in qualified early-stage Missouri businesses (40% for rural areas or distressed communities) with credits capped at $50,000 per investor per company and $100,000 per investor per year, up to $5 million total per tax year.

Defines eligible advanced technology industries including biotechnology, information technology, aerospace, electronics, robotics, medical devices, telecommunications, plant sciences, and energy while excluding banking, finance, insurance, real estate, and retail.

Requires tax credits to be used within four tax years, allows transfer of credits, and imposes repayment obligations if qualified businesses relocate out of state, drop below 80% in-state employment, or cease operations within seven years of receiving credits.