FIRST REGULAR SESSION
HOUSE BILL NO. 908
96TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES BERRY (Sponsor), NOLTE, SILVEY, NETH, SCHIEBER, NANCE, LAUER, CROSS, LONG, CIERPIOT, McGHEE, KLIPPENSTEIN, BRATTIN, BARNES, LASATER, MOLENDORP, FAITH, GRISAMORE, TALBOY, McCANN BEATTY AND SOLON (Co-sponsors).
1570L.02I D. ADAM CRUMBLISS, Chief Clerk
To amend chapter 620, RSMo, by adding thereto one new section relating to economic incentives.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 620, RSMo, is amended by adding thereto one new section, to be known as section 620.1930, to read as follows:
620.1930. 1. For every expenditure of one dollar by the state of Kansas for promoting economic development in the Kansas counties that are part of the Kansas City metropolitan area, Missouri shall make an expenditure of one dollar and fifty cents for promoting economic development in the Missouri counties that are part of the Kansas City metropolitan area.
2. As used in this section:
(1) "Expenditure" means appropriation, grant, financial award, loan, debt authorization, tax authorization, or any reduction in revenue collected as a result of a tax deduction, tax exemption, tax credit, tax abatement, or other tax preference, in connection with any program administered by the department of economic development, or any other applicable program;
(2) "Kansas City metropolitan area" means the multicounty metropolitan area straddling the border between the states of Missouri and Kansas consisting of the Missouri counties of Jackson, Platte, Clay, and Cass, and the Kansas counties of Johnson, Leavenworth, and Wyandotte.
3. The department shall promulgate rules to implement the provisions of this section. Any rule or portion of a rule, as that term is defined in section 536.010, that is created under the authority delegated in this section shall become effective only if it complies with and is subject to all of the provisions of chapter 536 and, if applicable, section 536.028. This section and chapter 536 are nonseverable and if any of the powers vested with the general assembly under chapter 536 to review, to delay the effective date, or to disapprove and annul a rule are subsequently held unconstitutional, then the grant of rulemaking authority and any rule proposed or adopted after August 28, 2011, shall be invalid and void.
4. The provisions of this section shall become effective July 1, 2013.