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MO HB1845

Bill

Official Source

Status

Introduced

1/7/2026

Primary Sponsor

Sherri Gallick

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Creates a 40% tax credit for investments in qualified Missouri knowledge-based businesses, increasing to 50% for businesses headquartered in rural counties (under 100,000 population)
  • Limits tax credits to $75,000 per investor per business and $300,000 total per investor per tax year, with unused credits carrying forward up to 5 years
  • Caps total annual tax credits at $6 million for 2027-2028, with 20% annual increases thereafter if credits are fully utilized
  • Requires businesses to have annual gross revenues under $5 million, be in operation less than 5 years (10 years for bioscience), and be approved by the Missouri Technology Corporation
  • Program expires December 31, 2033, with tax credits transferable to other natural persons

Legislative Description

Establishes the Missouri Angel Investment Incentive Act

Last Action

Reported Do Pass (H) - AYES: 7 NOES: 0 PRESENT: 0

2/26/2026

Committee Referrals

Commerce2/12/2026

Full Bill Text

No bill text available