MO HB1164

Extends the job retention program approval deadline from August 30, 2013 to August 30, 2018, allowing companies to apply for job retention tax credits during this extended period.

Reduces the minimum capital investment requirement for job retention projects from $70 million to $50 million over five years (or removes the alternative $30 million over two years option).

Increases the maximum annual tax credit for job retention projects from $750,000 to potentially $2 million if approved by the quality jobs advisory task force (up from the previous $1 million cap).

Adds "workforce training" as a component of job retention project eligibility and modifies employment retention baseline requirements for the small business flood survivor relief program.

Changes the definition of "relocation" risk to "quality job loss" and clarifies reporting requirements regarding jobs retained above and below minimum thresholds for program participation.