Loading chat...

MO HB2805

Bill

Status

Introduced

3/15/2016

Primary Sponsor

Kevin Engler

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Authorizes the State of Missouri (through the Department of Economic Development and Office of Administration) and other public bodies to appropriate funds for land clearance projects involving tourism infrastructure facilities

  • Defines "tourism infrastructure facilities" to include convention centers, sports and entertainment venues, exhibition halls, transportation facilities, cultural facilities, field houses, recreational centers, playing fields, and parking facilities owned by public bodies

  • Limits annual appropriations to a portion of tax revenues derived directly or indirectly from the designated land clearance project areas

  • Caps the annual state appropriation at $6 million per year for any single agreement

  • Requires that any agreement must be determined to produce a positive net fiscal impact for the state over the term of the agreement

Legislative Description

Changes the laws regarding land clearance projects

Last Action

Referred: Select Committee on Commerce(H)

4/13/2016

Committee Referrals

Select Committee on Commerce4/13/2016
Economic Development and Business Attraction and Retention3/30/2016

Full Bill Text

No bill text available