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 or Territory: | Missouri |
Effected Jurisdiction: | Missouri |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2019 |
Program name: | Brownfield Remediation |
Program purpose: | Brownfield rehabilitation |
Statutory authority: | Sections 447.700-447.718, RSMo |
Abating jurisdiction(s): | State of Missouri |
Applicable taxes: | Income Tax; Corporate Franchise Tax; Insurance Premium Tax; Bank Tax; Other Financial Institutions Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | The Tax Credits may be subject to recapture in the event the owner sells the abandoned or underutilized property within a 5 year period after the receipt of remediation Tax Credits, grants, loans or loan guarantee. |
Gross revenue loss: | $13,029,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $13,029,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://oa.mo.gov/accounting/reports/annual-reports/annual-comprehensive... |