HH 1710 Summary

• Consolidates job training programs by repealing sections 178.760-178.896 and replacing them with new sections 620.800-620.809 establishing the "Missouri Works Training Program" administered by the Department of Economic Development.

• Creates tax credit programs for sporting events (sections 67.3000-67.3005) allowing certified sponsors to receive refundable tax credits up to $10 million annually based on event attendance and eligible costs.

• Establishes the "Missouri Jobs for Education Program" (section 620.2450) providing tuition credits to business owners for each qualifying job created that pays at least county average wage and maintains full-time employment for one year.

• Creates the "Manufacturing Jobs Act" (section 620.1910) allowing qualified manufacturing companies to retain 50-100% of withholding tax for 7-10 years and allows qualified suppliers to retain all withholding tax for 3-5 years on new jobs.

• Requires the Department of Economic Development to verify start-up company financial information, share adverse information about companies seeking incentives with competing local governments, and develop a rating system for discretionary economic development incentives.