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MO HB540
Bill
Status
1/15/2015
Primary Sponsor
Delus Johnson
Click for details
AI Summary
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Creates the "Missouri Startup Cloud" program to connect Missouri-based businesses with financial products from business financing providers and promote the benefits of starting, expanding, or relocating businesses to Missouri
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Authorizes the Department of Economic Development to create and maintain a separate website where financing providers can post financial products and services for Missouri businesses at no charge
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Requires the department to contract with a private website developer if it fails to create the website within 90 days of the act's effective date
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Private website developers awarded contracts receive no state compensation but may sell advertising space (with director approval) to offset costs of development, marketing, and maintenance
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State retains exclusive ownership of all website content including creative materials, copyrights, photographs, and illustrations, and may terminate contracts at its discretion
Legislative Description
Creates the Missouri Startup Cloud Program Missouri International Business Advertising Fund to attract businesses to the state
Last Action
HCS Reported Do Pass (H)
3/30/2015