Section 100.850 – Assessments remittal, job development assessment fee — company records available to board, when — when remitted assessment ceases — tax credit amount, cap, claiming credit — refunds.
Effective – 04 Jun 2009, 2 histories 100.850. Assessments remittal, job development assessment fee — company records available to board, when — when remitted assessment ceases — tax credit amount, cap, claiming credit — refunds. — 1. The approved company shall remit to the board a job development assessment fee, not to exceed five percent […]
Section 100.790 – Agreement contents.
Effective – 28 Aug 1996 100.790. Agreement contents. — An agreement between the board and an eligible industry shall include all of the following: (1) A detailed description of the project that is the subject of the agreement; (2) A specific method for determining the number of new employees employed during a taxable year who […]
Section 100.800 – Noncompliance by eligible industry, determination, penalty.
Effective – 28 Aug 1996 100.800. Noncompliance by eligible industry, determination, penalty. — If the board determines that an eligible industry, which has received a credit pursuant to sections 100.700 to 100.850, is not complying with the requirements of the credit agreement or all of the provisions of sections 100.700 to 100.850, the board shall, […]
Section 100.810 – Evaluation of program.
Effective – 28 Aug 1996 100.810. Evaluation of program. — On an annual basis, the director shall provide for an evaluation of the program. The evaluation shall include an assessment of the effectiveness of the program in creating new jobs in Missouri and of the revenue impact of the program. The director shall submit a […]
Section 100.820 – Program costs, how paid, assessments.
Effective – 28 Aug 1996 100.820. Program costs, how paid, assessments. — An agreement between the board and an eligible industry shall provide that all or part of program costs are to be met by receipt of assessments. Assessments shall be based upon wages paid to eligible employees. If business or employment conditions cause the […]
Section 100.830 – Special fund, purposes — certification by employer.
Effective – 28 Aug 1996 100.830. Special fund, purposes — certification by employer. — 1. The board shall establish a special fund for and in the name of each project. All received by the board in respect of the project and required by the agreement to be used to pay program costs for the project […]
Section 100.840 – Board, powers to borrow money — issue and sell certificates — sale or exchange of refunding certificates — certificates not indebtedness of state.
Effective – 07 Jul 2003 100.840. Board, powers to borrow money — issue and sell certificates — sale or exchange of refunding certificates — certificates not indebtedness of state. — 1. To provide funds for the present payment of the costs of economic development projects, the board may borrow money and issue and sell certificates […]
Section 100.750 – Financing agreement, contents.
Effective – 28 Aug 1996 100.750. Financing agreement, contents. — The financing agreement shall provide in substance that: (1) It may be assigned by the eligible industry only upon the prior written consent of the board following the adoption of a resolution by the board to such effect; and (2) Upon default by the eligible […]
Section 100.760 – Credit agreement, conditions.
Effective – 04 Jun 2009 100.760. Credit agreement, conditions. — After receipt of an application, the board may, with the approval of the department, enter into an agreement with an eligible industry for a credit pursuant to sections 100.700 to 100.850 if the board determines that all of the following conditions exist: (1) The applicant’s […]
Section 100.770 – Factors considered in awarding credit.
Effective – 04 Jun 2009 100.770. Factors considered in awarding credit. — In determining the credit that should be awarded, the board shall take into consideration the following factors: (1) The economy of the county where the projected investment is to occur; (2) The potential impact on the economy of Missouri; (3) The payroll attributable […]