MO SB342

Extends the deadline for new Missouri wood energy producer tax credits from June 30, 2013 to June 30, 2019, maintaining the $5 per ton credit for processed wood products with a $3 million annual aggregate cap.

Increases the maximum livestock feed and crop input loan guarantee from $40,000 to $100,000 per individual and allows the authority to charge up to 1% annual fee on outstanding principal.

Authorizes University of Missouri extension councils to form extension districts for funding programming, with option for counties to impose property tax up to 30 cents per $100 assessed valuation subject to voter approval.

Requires the Department of Agriculture to contract with a website development company to build and maintain the "Missouri International Agricultural Exchange" website to promote Missouri agricultural products to international buyers at no charge to sellers.

Clarifies restrictions on alien and foreign business acquisition of agricultural land, maintaining the 1% aggregate ownership limit and requiring Department of Agriculture approval for all such acquisitions.