MO HB2138

Establishes a "Green Building Tax Credit" allowing taxpayers who construct or rehabilitate buildings into green buildings to claim tax credits against state tax liability.

Eligible buildings include residential multi-family buildings with at least 4 habitable stories containing 10,000+ square feet, single-family dwellings, commercial/industrial buildings, or combinations thereof.

Buildings must achieve at least a Silver, Gold, or Platinum LEED rating or a three-globe Green Globes rating, and must earn at least 4 points for Energy and Atmosphere Credit Number One and the point for Energy and Atmosphere Credit Number Three.

Tax credits are capped at $50,000 per taxpayer per year, with an aggregate statewide limit of $1,000,000 per tax year, and credits are refundable and transferable.

Credits are available for 4 successive taxable years after construction completion and occupancy certificate issuance; the program automatically sunsets 3 years after enactment unless reauthorized by the legislature.