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:
Business Facility Tax Credit
Program purpose
:
Business expansion

Statutory authority
:
Sections 135.100-135.150 and Section 135.258, RSMo

Abating jurisdiction(s)
:
State of Missouri

Applicable taxes:
Income tax; Insurance premium tax; Insurance Company Retaliatory Tax
Method of abatement
:
Tax credit

Provisions for recapture
:
(no provisions for recapture)

Gross revenue loss
:
$8,218,000

Reimbursement / offset
:
$0

Net revenue loss
:
$8,218,000

Type of loss
:
Active

Additional notes on dislosure:
Program has sunset