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: | 2020 |
| Program name: | Business Use Incentives for Large-Scale Development |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | Revised Statutes of Missouri Sections 100.700-100.850, RSMo |
| Abating jurisdiction(s): | State of Missouri |
| Applicable taxes: | Income Tax; Bank Tax; Insurance Premium Tax; Financial Institutions Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | The Tax Credits are also subject to recapture if the company eliminates or announces its intention to eliminate all the new jobs at the project within 2 years of the first test date. If subject to recapture, the company shall, within 30 days following written demand from the Board, reimburse the Board in full for the face amount of the Tax Credits received from the date of execution of the program agreement to the date of such demand. |
| Gross revenue loss: | $8,898,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,898,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://oa.mo.gov/accounting/reports/annual-reports/annual-comprehensive... |
