Missouri legislation · 2026 Regular Session
Missouri HB3374: Limits the use of port authority facilities unless certain conditions are met
Status: In committee, May 15, 2026
What the bill says
To amend chapter 68, RSMo, by adding thereto one new section relating to uses for port authority developments. Section A. Chapter 68, RSMo, is amended by adding thereto one new section, to be known as section 68.330, to read as follows: 68.330. 1. A covenant agreement for incentivized development under this chapter that is supported by bonds, leases, payments in lieu of taxes, or exemptions shall include a provision prohibiting use of the facilities for detention, corrections, or civil confinement for a period of three years from the date of the agreement. 2. The provisions of subsection 1 of.
From the introduced text:
To amend chapter 68, RSMo, by adding thereto one new section relating to uses for port authority developments. Section A. Chapter 68, RSMo, is amended by adding thereto one new section, to be known as section 68.330, to read as follows: 68.330. 1. A covenant agreement for incentivized development under this chapter that is supported by bonds, leases, payments in lieu of taxes, or exemptions shall include a provision prohibiting use of the facilities for detention, corrections, or civil confinement for a period of three years from the date of the agreement. 2. The provisions of subsection 1 of this section shall not apply if the following entities agree to an (2) The governing body of the municipality in which the port authority facility is located; and (3) The governing bodies of a majority of affected taxing jurisdictions. 3. A violation of subsection 1 of this section without meeting the requirements for exemption under subsection 2 of this section shall result (2) A clawback equal to the value of incentives already realized; and EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law. Matter in bold-face type in the above bill is proposed language. HB 3374 (3) Liquidated damages payable to the taxing jurisdictions, if ordered …
Sponsors
- (D, 036) · primary sponsor