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MO SB204

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Dan Brown

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Repeal and reenact section 135.305, RSMo, to modify the tax credit for wood energy producers
  • Extend the authorization deadline for new wood energy tax credits from June 30, 2013, to June 30, 2019
  • Maintain the tax credit rate at $5 per ton of processed material for Missouri wood energy producers using forest product residue
  • Cap aggregate tax credits under sections 135.300 to 135.311 at $4.5 million per fiscal year
  • Allow tax credits to be claimed for a period of five years against taxes otherwise due under chapter 143

Legislative Description

Extends the sunset on the wood energy producers tax credit and caps the amount of tax credits available under the program each fiscal year

Last Action

Second Read and Referred S Jobs, Economic Development and Local Government Committee

1/31/2013

Committee Referrals

Jobs, Economic Development And Local Government1/31/2013

Full Bill Text

No bill text available