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MO HB901

Bill

Official Source

Status

Introduced

3/28/2011

Primary Sponsor

Mike Talboy

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Adds section 135.1600 to Missouri law regarding tax credits for relocated jobs
  • Prohibits tax credits under specified programs (sections 100.700-100.850, 135.100-135.258, 135.950-135.973, 620.1023, and 620.1875-620.1910) for jobs relocating from a contiguous state within 30 miles of Missouri's border
  • Tax credits are denied if the contiguous state either prohibits tax credits for job creation or does not award job relocation incentives for jobs moving from Missouri to that state within 30 miles of the border
  • Creates reciprocal tax credit limitations based on neighboring states' incentive policies

Legislative Description

Prohibits the issuance of a tax credit under certain programs for an otherwise qualifying job under certain circumstances when the jobs are relocated from a contiguous state

Last Action

Public Hearing Scheduled, Bill not Heard (H)

4/13/2011

Committee Referrals

International Trade And Job Creation4/5/2011

Full Bill Text

No bill text available