Loading chat...
MO HB298
Bill
Status
1/7/2015
Primary Sponsor
Denny Hoskins
Click for details
AI Summary
-
Employers partnered with an innovation campus may retain up to 100% of a qualified employee's state withholding tax for up to five years
-
Qualified individuals must have graduated from an innovation campus with a bachelor's degree in science, engineering, technology, or mathematics after April 30, 2016
-
Innovation campus is defined by reference to section 178.1100 of Missouri statutes
-
Department of Higher Education is authorized to promulgate rules and regulations to administer the program
-
Creates new section 620.2605 in Chapter 620, RSMo
Legislative Description
Authorizes an employer to retain an employee's withholding tax for five years if the employee has graduated with a STEM degree from a Missouri Innovation Campus
Last Action
Public Hearing Completed (H)
3/10/2015