MO HB2063

Allows any Missouri port authority to establish Advanced Industrial Manufacturing (AIM) zones within their jurisdiction through board resolution for development or redevelopment purposes.

Retains 50% of state income tax withholdings collected within AIM zones and deposits them into a Port Authority AIM Zone Fund for zone expansion, development, and related expenses.

Defines "new jobs" as full-time employees exceeding a facility's baseline employment, excluding jobs created before notice of intent and requiring employees earning at or above state average wage.

Creates the Port Authority AIM Zone Fund in the state treasury, with disbursements approved by the state treasurer and up to 10% of collected funds available for administrative costs.

Requires port authorities to approve projects and submit annual budgets to the Department of Economic Development detailing how and when collected funds will be spent.