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:
2019
Program name:
Brownfield Remediation
Program purpose:
Brownfield remediation
:
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)
