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MO SB1730

Bill

Status

Introduced

2/25/2026

Primary Sponsor

Mike Henderson

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Creates the "Innovation Endowment Fund" in the state treasury to be managed by the Missouri Technology Corporation for technology and economic development purposes

  • 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

  • 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

  • Fund moneys do not revert to general revenue at the end of the biennium and may also receive legislative appropriations, gifts, and donations

  • 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

Full Bill Text

No bill text available