MO HB1455

Establishes a local option sales tax of up to one-half of one percent for economic development purposes, subject to voter approval, with revenue directed to infrastructure, job training, and business incentives

Increases alternative fuel vehicle decal fees (from $75 to $140 for passenger vehicles) and adds hydrogen-powered vehicles to the alternative fuel exemption program

Creates new sections requiring the Department of Economic Development to verify financial information from start-up companies, share adverse information about applicants with local governments, and develop a rating system for discretionary incentives

Modifies the Missouri Quality Jobs program to increase maximum annual tax credits from $50 million to $80 million with $10 million reserved for a new provision, and adds job retention benefits for companies at risk of relocation

Establishes the Manufacturing Jobs Act allowing qualified manufacturing companies to retain withholding tax (50-100 percent for 7-10 years) and qualified suppliers to retain up to 5.5 percent of new payroll, subject to capital investment and job creation requirements