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MO SB814

Bill

Official Source

Status

Introduced

2/3/2014

Primary Sponsor

Dan Brown

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Extends the authorization period for new wood energy producer tax credits from June 30, 2013 to June 30, 2020
  • Maintains the tax credit amount at five dollars per ton of processed material produced in qualified wood-producing facilities using Missouri forest product residue
  • Allows eligible producers to claim the credit for a period of five years against taxes owed under chapter 143
  • Caps the aggregate amount of all tax credits under sections 135.300 to 135.311 at three million dollars per fiscal year

Legislative Description

Reauthorizes the wood energy producers tax credit and caps the amount of tax credits available under the program each fiscal year

Last Action

S Informal Calendar S Bills for Perfection--SB 814-Brown

5/16/2014

Committee Referrals

Agriculture, Food Production And Outdoor Resources2/20/2014

Full Bill Text

No bill text available