MO SB906

Adds new section 620.1895 to Missouri law establishing eligibility restrictions for economic development programs administered by the Department of Economic Development.

Defines key terms including "benefits" (retained withholdings taxes, tax credits, or grants), "company" (entities providing goods or services under federal contract), "facility" (buildings used to carry out contract terms), and "same or substantially similar business enterprise" (similar business activities).

Makes any taxpayer that acquires a facility from a company ineligible for benefits if operating the same or substantially similar business enterprise at that facility.

Applies ineligibility to six programs: business facility tax credit program (sections 135.100-135.150), business use incentives for large scale development program (sections 100.700-100.850), development tax credit program (sections 32.100-32.125), rebuilding communities tax credit program (section 135.535), enhanced enterprise zone tax credit program (sections 135.950-135.970), and Missouri quality jobs program (sections 620.1875-620.1890).