Loading chat...
MO HB1125
Bill
Status
3/5/2015
Primary Sponsor
Delus Johnson
Click for details
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