HB 778 -- Tax Credits for Distressed Communities

Sponsor:  Johnson (47)

For tax years beginning January 1, 2005, this bill prohibits tax
credits for:

(1)  Affordable housing assistance;

(2)  A business making a contribution to a neighborhood
organization;

(3)  Any economic development project located in a distressed
community;

(4)  New or expanded business facility;

(5)  Investments in a small business located in a distressed
community;

(6)  Any qualifying residence or any eligible costs incurred for
a new residence in any distressed community;

(7)  Certified capital investments in any business located in a
distressed community (CAPCO);

(8)  Relocating a business to a distressed community;

(9)  Investing in the transportation development of a distressed
community;

(10)  Contributions to innovation centers; and

(11)  Training costs associated with the Missouri Individual
Training Account Program.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:13 am