Missouri legislation · 2025 Regular Session
Missouri HB204: Establishes tax credits for certain engineering degrees
Status: In committee, May 15, 2025
What the bill says
An act of the general assembly; and (2) If such program is reauthorized, the program authorized pursuant to this section shall automatically sunset twelve years after the effective date of the reauthorization; and (3) This section shall terminate on September first of the calendar year immediately following the calendar year in which the program authorized pursuant to this section is sunset; and (4) Theprovisionsofthissubsectionshallnotbeconstruedtolimitorinanyway impair the department's ability to redeem tax credits authorized on or before the date the program authorized pursuant to this sect.
From the introduced text:
an act of the general assembly; and (2) If such program is reauthorized, the program authorized pursuant to this section shall automatically sunset twelve years after the effective date of the reauthorization; and (3) This section shall terminate on September first of the calendar year immediately following the calendar year in which the program authorized pursuant to this section is sunset; and (4) Theprovisionsofthissubsectionshallnotbeconstruedtolimitorinanyway impair the department's ability to redeem tax credits authorized on or before the date the program authorized pursuant to this section expires, or a taxpayer's ability to redeem such tax credits. 135.800. 1. The provisions of sections 135.800 to 135.830 shall be known and may be cited as the "Tax Credit Accountability Act of 2004". 2. As used in sections 135.800 to 135.830, the following terms mean: (1) "Administering agency", the state agency or department charged with administering a particular tax credit program, as set forth by the program's enacting statute; where no department or agency is set forth, the department of revenue; HB 204 (2) "Agriculturaltaxcredits",theagriculturalproductutilizationcontributortaxcredit created pursuant to section 348.430, the new generation cooperative incentive tax credit createdpursuanttosection348.432,thefamilyfarmbreedinglivestockloantaxcreditcreated under section 348.505, the qualified beef tax credit created under section 135.679, and the wine and grape production tax credit created pursuant to section 135.700; (3) "Businessrecruitmenttaxcredits",thebusinessfacilitytaxcreditcreatedpursuant to sections 135.110 to 135.150 and section 135.258, the …