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Bill Would Reduce Missouri State HTC Cap

Wednesday, January 18, 2017 - 4:00PM

A bill introduced in the Missouri state Senate would reduce the annual cap for the state historic tax credit to $120 million for each fiscal year, which is $20 million less than the current limit. SB 6, introduced by Sen. Ronald Richard, would implement the lower cap beginning with the fiscal year that starts July 1, 2017. The bill was referred to the Senate Economic Development Committee.

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