MO HB1236

Establishes the Missouri Angel Investment Incentive Act to encourage individual investors to provide seed-capital financing to emerging Missouri businesses developing innovative technologies and products.

Provides a tax credit equal to 50% of an investor's cash investment in qualified securities of approved businesses, with maximum credits of $50,000 per business and $250,000 per investor annually.

Authorizes regional Small Business and Technology Development Centers (SBTDCs) to designate qualified Missouri businesses and allocate up to $6 million in tax credits per year, with credits available through December 31, 2024.

Eligible businesses must have less than $5 million in annual revenues, be in operation for fewer than 5 years (or 10 years for bioscience), have innovative technology or services, and exclude certain industries like banking, real estate, and professional services.

Requires annual reporting by qualified businesses to regional SBTDCs and quarterly/annual reporting by SBTDCs to the coordinator on tax credit allocation, issuance, job creation, and economic impact.