MO SB411

Moves the deadline for new applications to the Missouri Development Finance Board from January 1, 2013, to August 28, 2011.

Requires full-time employees of the Missouri Development Finance Board hired on or after September 1, 2011, to become members of the Missouri State Employees' Retirement System and excludes them from the Missouri consolidated health care plan unless specifically requested and approved.

Allows employees to purchase creditable service for prior full-time work with the Missouri Development Finance Board at any time on or after September 1, 2011, without vesting requirements, with refunds available if employment terminates before vesting.

Institutes a 60-month moratorium on issuing new tax credits under sections 100.286 and 100.297 for development and infrastructure projects, though previously authorized credits may still be redeemed.

Declares sections 100.286 and 100.297 emergency measures effective immediately upon passage and approval.