SB 924 - This act creates a new type of project under the Quality Jobs Act known as show-me fund projects. Show-me fund project benefits will be available for projects which qualify as small and expanding business, high impact, or technology business projects under the Quality Jobs Act and meet certain additional job creation and capital investment requirements. In determining eligibility for show-me fund benefits, the act requires the director of the Department of Economic Development to consider factors including the creditworthiness of the company, proposed wages for employees of the company, growth potential of the company, net economic benefit to the state, and local incentives provided to the project. If the department approves a company for show-me fund benefits and enters into a contract setting out performance requirements for the receipt of benefits, the company may receive refundable tax credits equal to the amount of income tax withholdings for new employees of such company over a period of years ranging between five and twelve years depending upon the type of project. The act contains provisions allowing for a recapture of tax credits in the event a company should default or fail to comply with performance requirements set by the department. No more than sixty million dollars in tax credits may be issued annually for show-me fund projects. Under current law, no more than eighty million dollars in quality jobs tax credits or more than twenty-five million dollars in BUILD tax credits may be issued annually. The act prohibits the issuance of more than a total of one hundred five million dollars in tax credits under the quality jobs and BUILD programs. The director of the Department of Economic Development is authorized to allocate BUILD tax credits for issuance as show-me fund tax credits provided that such allocation does not exceed statutory limits. The act prohibits companies from receiving show-me fund credits in conjunction with BUILD tax credits or other benefits available under the Quality Jobs Act for other types of projects. JASON ZAMKUS