Effective – 28 Aug 2009 108.1000. Definitions — issuance of bonds, when — federal tax credits. — 1. As used in sections 108.1000 to 108.1020, the following terms mean: (1) “Board”, the Missouri development finance board; (2) “Build America bonds”, any bonds designated build America bonds pursuant to Section 54AA of the Internal Revenue Code […]
Effective – 28 Aug 2009 108.1010. Allocation of recovery zone bonds, to whom — application — rulemaking authority. — 1. The department shall allocate recovery zone bonds to counties and large municipalities in accordance with Section 1400U-1 of the Internal Revenue Code of 1986, as amended, and shall provide notice of such allocation to each […]
Effective – 28 Aug 2009 108.1020. Bonds exempt from taxation. — Build America bonds and any recovery zone bonds issued by the state of Missouri or an entity described in subdivision (4) of subsection 1 of section 108.1000 and the interest thereon shall be exempt from all taxation by the state of Missouri and its […]
