Bill > HB3095

This bill modifies a tax credit program in Missouri that encourages new business facilities by extending the deadline for headquarters to receive these incentives from January 1, 2031, to January 1, 2041, meaning businesses that qualify as "headquarters" (defined elsewhere in the law as a central administrative office) can continue to benefit from tax credits for expanding their operations for an additional ten years. The bill also clarifies that expansions at headquarters facilities will be treated as separate new business facilities for tax credit purposes if each expansion creates at least twenty-five new jobs and involves at least one million dollars in new investment, and it allows for buildings on different, non-contiguous properties to be considered a single facility if they are located within the same county or municipality.

Business and Industry

https://house.mo.gov/Bill.aspx?bill=HB3095&year=2026&code=R