HB 431 -- ECONOMIC STIMULUS

This bill allows certain buildings in the City of Springfield
located within the city's 100-year flood plain to be eligible to
receive the sales and income tax increments of the Missouri
Downtown and Rural Economic Stimulus Act (MODESA).  Buildings
located within the flood plain must be certified as flood proofed
in accordance with the Federal Emergency Management Agency's
standards or they will not be eligible to receive the MODESA tax
benefits.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:19 pm