summary
Introduced
01/11/2022
01/11/2022
In Committee
05/10/2022
05/10/2022
Crossed Over
04/04/2022
04/04/2022
Passed
05/12/2022
05/12/2022
Dead
Signed/Enacted/Adopted
06/30/2022
06/30/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT To repeal sections 130.029, 135.110, 135.155, 135.800, 135.802, 135.805, 135.810, 135.815, 135.825, 143.081, 143.119, 144.010, 144.011, 208.798, 285.730, 313.800, 313.805, 620.515, 620.800, 620.803, 620.806, 620.809, 620.1039, 620.1620, and 620.2020, RSMo, and to enact in lieu thereof twenty-nine new sections relating to business entities.
AI Summary
This bill modifies provisions relating to business entities. Specifically, it:
- Creates the "Personal Privacy Protection Act" which prohibits public agencies from requiring individuals or certain tax-exempt organizations to provide personal information or compelling its release, with some exceptions.
- Allows limited liability companies that have been in existence for at least one year and file certain information with the Missouri Ethics Commission to make contributions to political committees.
- Extends the time period that a business facility can receive certain tax credits from 10 years to up to 16 years.
- Pushes back the sunset date for tax credits for headquarters facilities from 2025 to 2031.
- Makes various other changes to tax credit programs, reporting requirements, and other provisions related to business entities in Missouri.
Committee Categories
Budget and Finance, Business and Industry, Government Affairs, Labor and Employment
Sponsors (1)
Last Action
Delivered to Secretary of State (G) (on 06/30/2022)
Official Document
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bill summary
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bill summary
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