Bill
Bill > SB630
summary
Introduced
01/27/2025
01/27/2025
In Committee
03/13/2025
03/13/2025
Crossed Over
Passed
Dead
05/16/2025
05/16/2025
Introduced Session
2025 Regular Session
Bill Summary
Modifies provisions relating to incentives for interstate business relocation
AI Summary
This bill modifies economic incentive rules for businesses relocating between Missouri and Kansas border counties. Specifically, the bill prevents Missouri from issuing tax credits, providing funding, or authorizing withholding tax retention for jobs that move from Kansas border counties (Johnson, Miami, or Wyandotte County) to Missouri border counties. The bill creates a reciprocal mechanism where the director of the Missouri Department of Economic Development can trigger these restrictions if Kansas provides economic incentives for jobs moving from Missouri to Kansas. The director must provide written certification to key state leaders (governor, house speaker, and senate president pro tempore), and these leaders must provide unanimous written affirmation for the restrictions to take effect. The bill also removes a previous expiration date for these provisions, making the rules potentially permanent. Missouri border counties are defined as specific counties meeting certain population and classification criteria. The overall intent appears to be preventing interstate economic poaching by creating a deterrent to businesses relocating across state lines with taxpayer-funded incentives.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Second Read and Referred S Economic and Workforce Development Committee (on 03/13/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=3171481 |
Analysis - Summary: Introduced | https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=12475222&BillID=3171481 |
BillText | https://www.senate.mo.gov/25info/pdf-bill/intro/SB630.pdf |
Analysis - Summary: Introduced | https://www.senate.mo.gov/25info/BTS_Web/Summary.aspx?SessionType=R&SummaryID=471875&BillID=3171481 |
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