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Bill > SB413

MO SB413

MO SB413
Establishes the Missouri Angel Investment Incentive Act

summary

Introduced
01/04/2023
In Committee
03/02/2023
Crossed Over
Passed
Dead
05/12/2023

Introduced Session

Potential new amendment
2023 Regular Session

Bill Summary

Establishes the Missouri Angel Investment Incentive Act

AI Summary

This bill establishes the Missouri Angel Investment Incentive Act, which provides tax credits for investors who make cash investments in qualified Missouri businesses. The act defines key terms such as "qualified Missouri business," "qualified securities," and "investor," and outlines the requirements for businesses to be designated as qualified and for investors to receive tax credits. The bill sets limits on the total amount of tax credits that can be issued and how they are allocated across different regions of the state. It also requires reporting and monitoring of the program's activities and results.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Informal Calendar S Bills for Perfection (on 05/12/2023)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Small Business
Macroeconomics
  • ‐ Industrial Policy
  • ‐ Taxation, Tax Policy, and Tax Reform

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bill summary

Document Type Source Location Created
State Bill Page https://www.senate.mo.gov/23info/BTS_Web/Bill.aspx?SessionType=R&BillID=565809 01/04/2023
Analysis - Summary: Senate Substitute https://www.senate.mo.gov/23info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=10996626&BillID=565809 06/14/2023
Senate 1668S03.15S - SA 2 SA 3 SS SCS Offered https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=453 04/12/2023
Senate 1668S03.12S - SA 1 SA 3 SS SCS Offered https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=449 04/12/2023
Senate 1668S03.08S - SA 3 SS SCS Offered https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=448 04/12/2023
Senate 1668S03.10S - SA 2 SS SCS Adopted https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=447 04/12/2023
Senate 1668S03.09S - SA 1 SS SCS Adopted https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=446 04/12/2023
Senate 1668S.03F - SS SCS Offered https://www.senate.mo.gov/23info/BTS_Web/ShowAmendment.aspx?Id=444 04/12/2023
Analysis - Summary: Senate Substitute https://www.senate.mo.gov/23info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=7645964&BillID=565809 04/12/2023
Fiscal Note - 1668S.02C.ORG https://senate.mo.gov/FiscalNotes/2023-1/1668S.02C.ORG.pdf 03/31/2023
Analysis - Summary: Senate Committee Substitute https://www.senate.mo.gov/23info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=5912518&BillID=565809 03/27/2023
Fiscal Note - 1668S.01I.ORG https://senate.mo.gov/FiscalNotes/2023-1/1668S.01I.ORG.pdf 03/06/2023
Analysis - Summary: Introduced https://www.senate.mo.gov/23info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=347771&BillID=565809 01/04/2023
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