MO SB584

Reduces the sunset period for newly authorized programs from 6 years to 3 years after their effective date unless reauthorized by the general assembly.

Requires reauthorized programs to sunset within 3 years of reauthorization instead of 12 years.

Establishes the joint committee on tax policy to review all existing tax credits not currently subject to sunset provisions, with staggered reporting deadlines: February 1, 2011 for domestic/social, environmental, and training/educational credits; February 1, 2012 for agricultural, housing, and redevelopment credits; and February 1, 2013 for business recruitment, community development, and entrepreneurial credits.

Prohibits approval of tax credits after December 31, 2014, unless reauthorized through concurrent resolution following committee review or by general law.

Allows taxpayers to continue redeeming tax credits approved prior to December 31, 2014, subject to existing limitations.