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SB1730 • 2026

Modifies provisions relating to the Missouri Technology Corporation

Modifies provisions relating to the Missouri Technology Corporation

Technology
Passed Legislature

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

Sponsor
Henderson, Mike; House handler: N/A
Last action
2026-02-25
Official status
S First Read
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. 2026-02-25 S454

    S First Read

Official Summary Text

The following summaries of this bill are available:

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Introduced

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SB 1730 - This act establishes the "Innovation Endowment Fund" in the state treasury, to be used by the Missouri Technology Corporation to carry out its duties. The fund shall consist of appropriations made by the General Assembly, any gifts, bequests, and donations, 0.5% of data storage center project costs, as defined in the act, deposited in equal increments over a period of twenty years, and an amount equal to $100 per megawatt of nameplate capacity for each solar farm, as defined in the act, in this state. For any data storage center that includes at least 10,000 square feet of space dedicated to fostering workforce development or economic development and providing small business incubator and research space, the amount deposited in the fund shall be equal to 0.25% of data storage center project costs, to be deposited in equal increments over a period of twenty years.
JOSH NORBERG