Summary of the Introduced Bill

HB 257 -- Tax Credits

Co-Sponsors:  Munzlinger, Hobbs, Portwood, Jetton, Moore, Sander,
Myers, Quinn, Shoemaker (8), Behnen, Townley, Sutherland

This bill allows tax credits for investments in eligible new
generation cooperatives or new generation processing entities to
be taken against estimated quarterly taxes paid.

The bill also adds new generation cooperative tax credits to the
restriction that the tax credits taken against insurance premiums
will not reduce moneys transferred to the county foreign
insurance fund.

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Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am