HB 346 -- Agricultural Tax Credits

Sponsor:  Munzlinger

Currently, agricultural tax credits are not to exceed $6 million
in the aggregate in any fiscal year.  This bill increases the
maximum amount to $12 million.

The Missouri Agricultural and Small Business Development
Authority is allowed to issue up to $1 million in agricultural
product utilization tax credits in any fiscal year to individuals
contributing cash funds to the authority.  The funds are to be
used for financial or technical assistance to rural agricultural
business concepts approved by the authority.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am