MO HB2030

Increases the maximum fee the Department of Economic Development may charge tax credit recipients from 2.5% to 5% of the tax credit amount, payable upon issuance.

Exempts tax credits issued under sections 135.460, 208.770, and 32.100 to 32.125 (for community services, crime prevention, education, job training, or physical revitalization) from fees.

Creates the "Economic Development Advancement Fund" in the state treasury to receive all fees collected, with funds not reverting to the general revenue fund at the end of the biennium.

Requires at least 50% of fund revenues to be appropriated for marketing, technical assistance, training, specialized economic development services, and new initiatives addressing economic trends.

Allows remaining fund revenues to be appropriated for staffing, operating expenses, and accountability functions of the Department of Economic Development.