- Perfected -

SCS/SB 84 - This act allows contributors to take the tax credits for new generation cooperatives and new generation processing entities on a quarterly basis.

This act clarifies that the premium tax credits permitted in Sections 348.430 and 348.432, RSMo, shall only be subtracted against the general revenue fund and not against the county stock insurance fund.

This act requires that any entity applying these tax credits to quarterly insurance premiums must have acquired the credits at not less than one hundred percent of the value of the tax credit.

SARAH MORROW