SB 591
Implements a cap on the Low Income Housing Tax Credit
Sponsor:
LR Number:
4241S.04C
Last Action:
5/18/2018 - Informal Calendar S Bills for Perfection--SB 591-Hegeman, with SCS
Journal Page:
Title:
SCS SB 591
Calendar Position:
Effective Date:
August 28, 2018

Current Bill Summary

SCS/SB 591 - This act implements a cap of $100 million on the amount of tax credits that may be authorized in a given fiscal year under the Missouri Low-Income Housing Tax Credit program. (Section 135.352)

This provision is similar to HB 1237 (2018) and to a provision contained in HB 1824 (2018) and SCS/SBs 285 & 17 (2017).

JOSHUA NORBERG

Amendments