Bill > HB1451

This bill establishes two key programs to support workforce development and housing in Missouri. First, it creates the Office of Workforce Coordinator within the state's economic development department, which will focus on fostering collaboration, aligning resources, and supporting workforce needs across various populations, including people with disabilities, veterans, foster youth, and second-chance populations. The office will develop strategies to help workers transition between career paths, expand skills in emerging fields like quantum computing, and provide resources for employers to find and retain qualified workers. The bill also introduces the Workforce Housing Tax Incentives Program, which provides tax credits and sales tax refunds to housing businesses that develop new housing projects in Missouri. To qualify, projects must include at least four single-family dwelling units or multiple dwelling units, and can involve rehabilitation of brownfield or grayfield sites, redevelopment of dilapidated units, or development in certain communities. Housing businesses can receive tax credits up to 20% of their qualifying new investment, with a maximum of $1 million per project. The program includes specific requirements for project costs, housing quality, and local participation, and is designed to encourage housing development in areas that need economic revitalization. The programs will be in effect for six years, with the possibility of reauthorization, and aim to address workforce and housing challenges across the state.

https://house.mo.gov/Bill.aspx?bill=HB1451&year=2025&code=R