SB 591 - Hegeman, Dan
Implements a cap on the Low Income Housing Tax Credit
Bill Details
Sponsor
LR Number
4241S.04C
Title
SCS SB 591
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2018
Committee
Current Status
Informal Calendar S Bills for Perfection--SB 591-Hegeman, with SCS
Quick Links
Amendments
No amendments available
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