MO SB635

Adds section 135.1670 to Chapter 135, RSMo, prohibiting tax credits, state funding, and withholding tax retention for jobs relocating from Kansas border counties (Douglas, Johnson, Miami, or Wyandotte) to Missouri border counties.

Missouri border counties are defined as those with charter government and 600,000-700,000 residents, first-class counties with 83,000-92,000 residents and specific fourth-class county seats, first-class counties with 200,000-260,000 residents, or first-class counties with 92,000-101,000 residents.

Prohibition becomes effective only upon written certification by the Missouri Director of Economic Development and unanimous written affirmation from the Governor, Speaker of the House, and President Pro Tempore of the Senate that Kansas has enacted similar legislation or executive action prohibiting incentives for Missouri-to-Kansas job relocations.

Director may suspend the prohibition if Kansas stops providing economic incentives for jobs relocating from Missouri border counties to Kansas border counties, contingent on the same certification and affirmation process.

Provisions expire August 28, 2016, unless the prohibition is in effect, in which case they expire August 28, 2020.