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MO HB93
Bill
Status
Introduced
1/7/2015
Primary Sponsor
Rocky Miller
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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