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MO HB93

Bill

Status

Introduced

1/7/2015

Primary Sponsor

Rocky Miller

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Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends Section 135.700, RSMo to modify the existing tax credit program for Missouri grape growers and wine producers
  • Tax credit equals 25% of the purchase price of new equipment and materials used directly in growing grapes or producing wine in the state
  • Growers and producers may claim the credit for a maximum of five tax periods
  • Adds new provision allowing tax credit certificates to be assigned, transferred, sold, or otherwise conveyed through notarized endorsement naming the transferee

Legislative Description

Modifies the Wine and Grape tax credit program

Last Action

Public Hearing Completed (H)

2/3/2015

Committee Referrals

Economic Development and Business Attraction and Retention1/20/2015

Full Bill Text

No bill text available