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SB1443 • 2026

Authorizes a tax credit for certain capital investments

Authorizes a tax credit for certain capital investments

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Burger, Jamie; House handler: N/A
Last action
2026-04-21
Official status
Voted Do Pass S Economic and Workforce Development Committee
Effective date
2026-08-28

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-04-21 Missouri House of Representatives and Missouri Senate

    Voted Do Pass S Economic and Workforce Development Committee

  2. 2026-04-15 Missouri House of Representatives and Missouri Senate

    Hearing Conducted S Economic and Workforce Development Committee

  3. 2026-02-05 S305

    Second Read and Referred S Economic and Workforce Development Committee

  4. 2026-01-07 S92

    S First Read

  5. 2025-12-16 Missouri House of Representatives and Missouri Senate

    Prefiled

Official Summary Text

The following summaries of this bill are available:

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Introduced

Print

SB 1443 - The Missouri Works program is currently authorized to provide various incentives for the creation and retention of new and existing jobs. This act authorizes the Department of Economic Development to issue tax credits to qualified companies that expend at least $50 million in new capital investments for a project within two years of submitting a notice of intent with the Department.

The Department shall respond to a notice of intent within thirty days, provided, however, that a failure to respond within thirty days shall not be construed as an approval of a notice of intent.

Tax credits authorized by the act shall not exceed 2.5% of the new capital investment, and shall not exceed the least amount necessary to obtain the qualified company's commitment to initiate the project. Tax credits authorized by the act shall count toward the maximum amount of Missouri Works incentives allowed in a fiscal year as provided under current law.
JOSH NORBERG