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)