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MO SB1730
Bill
Status
2/25/2026
Primary Sponsor
Mike Henderson
Click for details
AI Summary
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Creates the "Innovation Endowment Fund" in the state treasury to be managed by the Missouri Technology Corporation for technology and economic development purposes
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Requires data storage centers completed on or after August 28, 2026 to contribute 0.5% of project costs to the fund over 20 years, reduced to 0.25% if the facility includes at least 10,000 square feet dedicated to workforce development or small business incubator space
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Requires solar farms built or contracted on or after August 28, 2026 to contribute $100 per megawatt of nameplate capacity annually, adjusted for inflation using the Midwest Consumer Price Index
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Fund moneys do not revert to general revenue at the end of the biennium and may also receive legislative appropriations, gifts, and donations
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Missouri Technology Corporation is authorized to promulgate rules to implement the section
Legislative Description
Modifies provisions relating to the Missouri Technology Corporation
Last Action
S First Read
2/25/2026