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MO HB1125

Bill

Status

Introduced

3/5/2015

Primary Sponsor

Delus Johnson

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Creates private contractor positions for business recruiters who attract out-of-state businesses to relocate to Missouri, with compensation equal to 2% of salary/wages for each new job created

  • Qualifying jobs must pay at or above the county average wage, be full-time positions, and be maintained for at least one year before the recruiter receives payment

  • Establishes the Missouri Business Recruiters Fund in the state treasury, funded by employers withholding 2% of wages from relocated positions

  • Caps total compensation paid to recruiters at $3 million per year in aggregate

  • Program automatically sunsets four years after the effective date unless reauthorized by the General Assembly; if reauthorized, sunsets after twelve additional years

Legislative Description

Establishes the Missouri Business Recruiters Act to create employment positions for business recruiters to attract out-of-state business owners and companies to Missouri

Last Action

Public Hearing Completed (H)

3/18/2015

Committee Referrals

Trade and Tourism3/12/2015

Full Bill Text

No bill text available