Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Missouri |
| Effected Jurisdiction: | Missouri |
Jurisdiction type: | State |
| Fiscal year ending In: | 2019 |
| Program name: | Missouri Works - Business Incentives |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Sections 620.2000-620.2020, RSMo |
| Abating jurisdiction(s): | State of Missouri |
| Applicable taxes: | Income Tax; Bank Tax; Insurance Premium Tax; Other Financial Institutions Tax |
| Method of abatement: | Tax Credit; retention of withholding tax |
| Provisions for recapture: | The agreement requires 100% of the benefits received to be repaid within 60 days for misrepresentation or out-of state location or one year for failure to file an annual report. |
| Gross revenue loss: | $64,787,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $64,787,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://oa.mo.gov/accounting/reports/annual-reports/annual-comprehensive... |
