MO HB1310

Establishes the Missouri Angel Investment Incentive Act to encourage individuals to provide early-stage financing for emerging knowledge-based companies through tax credits equal to 50% of cash investments in qualified Missouri businesses

Limits tax credits to $50,000 per investor per business annually and $250,000 per investor annually, with a statewide cap of $6 million per year through December 31, 2024

Requires businesses to be approved by the Missouri Technology Corporation and meet criteria including less than $5 million in annual revenue, operation for less than 5 years (or 10 years for bioscience), and prohibition from banking, real estate, professional services, and passive investment businesses

Permits tax credits to be carried forward for up to 5 years if they exceed current tax liability and allows investors to transfer credits to other natural persons

Allocates tax credits equally to geographic regions based on congressional districts, with quarterly distribution, and requires annual reporting to the governor and legislature on job creation, capital investment, and credit allocation by the Missouri Technology Corporation