Senate Bill 769 Summary

• Repeals and re-enacts sections 99.845, 135.215, and 135.963 and creates new sections 321.228, 701.550, and Section 1 relating to tax increment financing, enterprise zones, residential construction standards, anemometer towers, and health information organizations.

• Establishes a Missouri Supplemental Tax Increment Financing Fund with up to 50% of new state revenues (sales and income taxes) available for redevelopment projects in blighted areas, enterprise zones, or federally approved levee districts, capped at $32 million annually per project.

• Modifies enterprise zone property tax exemption provisions to require at least 50 new jobs at 35+ hours per week and adds conditions that exemptions must last at least 10 years and not exceed 25 years from original zone designation.

• Prohibits fire protection districts from enforcing residential construction regulatory systems in jurisdictions where cities, towns, villages, or counties have already adopted such systems, but grants fire districts final authority over fire hydrant specifications and fire lanes.

• Requires anemometer towers 50+ feet in height outside municipalities to be marked with orange and white bands on top one-third, marker balls on guy wires, fenced anchor points, and safety sleeves; violations are class B misdemeanors.

• Prohibits Missouri state agencies from imposing fines or penalties against health care providers, hospitals, or health care systems for failing to participate in any particular health information organization.