Summary of the Introduced Bill

HB 240 -- New Markets Tax Credit Program

Sponsor:  Hobbs

Currently, no qualified equity investments can be made under the
New Markets Tax Credit Program beyond Fiscal Year 2010.  This
bill extends the date through FY 2012 and increases the program's
tax credit cap from $15 million to $27.5 million per fiscal year.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:24 am