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MO SB195
Bill
Status
1/7/2015
Primary Sponsor
Eric Schmitt
Click for details
AI Summary
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Any tax credit program created on or after August 28, 2015, that allows a credit against state tax must comply with the Tax Credit Accountability Act of 2004
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The Department of Economic Development must assign newly created tax credit programs to one of the existing categories: agricultural, business recruitment, community development, domestic and social, entrepreneurial, environmental, financial and insurance, housing, redevelopment, or training and educational tax credits
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Amends Section 135.800, RSMo, which defines terms and categories under the Tax Credit Accountability Act of 2004
Legislative Description
Requires all tax credit programs created on or after August 28, 2015, to comply with the Tax Credit Accountability Act of 2004
Last Action
Second Read and Referred S Jobs, Economic Development and Local Government Committee
1/29/2015