SB 700 - This creates a tax credit for the costs incurred to install federally required safety upgrades to a gas station serving a rural area that would have no gas station service if the gas station were nonoperational as a result of a failure to install safety upgrades. The tax credit shall be equal to the lesser of 50% of the costs or $10,000, and is non-refundable, but may be carried back three years and carried forward five years. The credit may be transferred, sold or assigned. A taxpayer wishing to claim the tax credit must file an application with the Missouri Agriculture and Small Business Development Authority before any costs are incurred for any safety upgrades. The provisions of this act shall sunset three years from the effective date of this act. JASON ZAMKUS