SB 252 - This act allows the department of economic development to authorize up to $5 million in tax credits per year to encourage equity investment in technology-based early stage Missouri companies, commonly referred to as angel investments. Investors who contribute the first five hundred thousand dollars in equity investment to a qualified Missouri business may be issued a tax credit equal to forty percent of the investment. Tax credits for equity investment in technology-based early stage Missouri companies cannot be issued earlier than twelve months from the date of investment and are fully refundable. The department is prohibited from issuing more than one hundred thousand dollars in tax credits per taxpayer per year. JASON ZAMKUS