Tax Break Tracker Individual Entry
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
Reporting Jurisdiction:
Missouri
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Missouri Low Income Housing Tax Credit
Program purpose:
Affordable housing
:
Statutory authority:
Revised Statutes of Missouri Sections 135.350-135.363
:
Abating jurisdiction(s):
State of Missouri
:
Applicable taxes:
Income Tax; Corporate Franchise Tax; Bank Tax; Insurance Premium Tax; Financial Institutions Tax; Express Company Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
Property owners found to be out of compliance are subject to recapture through the provisions of Section 135.355, RSMo and IRS §42.
:
Gross revenue loss:
$169,139,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$169,139,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
