MO HB924

Adds definition of "high-risk metropolitan statistical area" as multi-state MSAs with at least one county having average household income at 200% of national average and at least 5 businesses that relocated out of Missouri in the preceding 10 years, resulting in loss of 3,000+ employees

Creates new job retention project category for qualified companies in high-risk metropolitan statistical areas allowing retention of 95% of withholding tax for 10 years if company maintains 150+ full-time employees and invests $10 million (or $5 million with $6 million annual payroll) within 3 years

Extends job retention tax credit authorization from August 30, 2013 to August 30, 2015 for the traditional job retention program requiring 1,000+ employees and $70 million investment

Authorizes qualified companies in high-risk metropolitan statistical areas to receive up to 100% sales and use tax exemption for up to 3 years on property purchased for the project facility if maintaining 150+ jobs with wages meeting or exceeding county/state average wage

Increases maximum annual tax credits for entire Missouri Quality Jobs Program from $78 million to $80 million by reducing Section 135.535 credits from $10 million to $8 million