Bill > SB92

This bill makes the following key changes: This bill modifies provisions relating to various tax credits in Missouri. It creates the "Intern and Apprentice Recruitment Act" which allows taxpayers to claim a tax credit for hiring interns or apprentices, subject to certain requirements and limitations. It also creates a tax credit for wages paid to individuals with barriers to employment, and a tax credit for donations to local hospital foundations that provide financial relief for unpaid hospital bills. The bill also extends the sunset date for the tax credit for donations to local food pantries, soup kitchens, and homeless shelters from 2026 to 2031. Additionally, the bill creates the "Entertainment Industry Jobs Act" which allows taxpayers to claim a tax credit for rehearsal and tour expenses incurred by musical or other live performers, subject to certain requirements and limitations. The bill also creates the "Missouri Angel Investment Incentive Act" which allows investors to claim a tax credit for cash investments in qualified Missouri businesses, and the "Missouri Rural Access to Capital Act" which allows rural funds to claim tax credits for capital investments in eligible businesses located in rural areas of Missouri.

Budget and Finance, Business and Industry, Government Affairs

https://www.senate.mo.gov/23info/BTS_Web/Bill.aspx?SessionType=R&BillID=44654