Title X, TAXATION AND REVENUE

135.010. Definitions. — As used in sections 135.010 to 135.030 the following words and terms mean: (1) "Claimant", a person or persons claiming a credit under sections 135.010 to 135.030. If the persons are eligible to file a joint federal income tax return and reside at the same…

135.015. Time for filing and other procedural matters, how governed. — Procedural matters related to filing a claim under sections 135.010 to 135.030, including refunds, deficiencies, interest, contents of returns, limitations, and penalties shall be determined pursuant to sectio…

135.020. Credits, how applied, considered overpayment, when. — A credit for property taxes shall be allowed for the amount provided in section 135.030. If the amount allowable as a credit exceeds the income tax reduced by other credits, then the excess shall be considered an over…

135.025. Accrued taxes and rent constituting taxes to be totaled — maximum amount allowable — allocation regulations, when. — The property taxes accrued and rent constituting property taxes accrued on each return shall be totaled. This total, up to seven hundred fifty dollars in …

135.030. Formula for determining credits — table to be prepared by director of revenue — taxpayer not applying for credit to be notified of eligibility. — 1. As used in this section: (1) The term "maximum upper limit" shall, for each calendar year after December 31, 1997, but bef…

135.035. Claims for calendar year 1975 and later affected. — Sections 135.010, 135.015, 135.025, and 135.030 shall be effective with respect to claims filed for the calendar year 1975 and thereafter. ­­-------- (L. 1975 H.B. 121, et al. § A)

135.090. Income tax credit for surviving spouses of public safety officers — sunset provision. — 1. As used in this section, the following terms mean: (1) "Homestead", the dwelling in Missouri owned by the surviving spouse and not exceeding five acres of land surrounding it as is…

135.096. Long-term care insurance tax deduction, amount. — 1. In order to promote personal financial responsibility for long-term health care in this state, for all taxable years beginning after December 31, 2020, a resident individual may deduct from each individual's Missouri t…

135.100. Definitions. — As used in sections 135.100 to 135.150 the following terms shall mean: (1) "Commencement of commercial operations" shall be deemed to occur during the first tax year for which the new business facility is first available for use by the taxpayer, or first c…

135.110. Tax credit for new or expanded business facility — computation — maximum years and amount allowed — no credit allowed a public utility and certain businesses — definitions. — 1. Any taxpayer who shall establish a new business facility shall be allowed a credit, each year…

135.1125. Definitions — tax credit, amount — application — rulemaking authority — sunset provision. — 1. As used in this section, the following terms shall mean: (1) "Certificate", a tax credit certificate issued under this section; (2) "Department", the Missouri department of so…

135.115. Vesting of tax credits, when — waiver, applicable when. — The right to receive the tax credits described in section 135.110 shall vest in the taxpayer upon commencement of operations of the revenue-producing enterprise, but the taxpayer shall waive such vested right for …

135.1150. Citation of law — definitions — tax credit, amount — claim application — limitation — transferability of credit — rulemaking authority. — 1. This section shall be known and may be cited as the "Residential Treatment Agency Tax Credit Act". 2. As used in this section, th…

135.1180. Citation of law — definitions — tax credit, amount, procedure — rulemaking authority. — 1. This section shall be known and may be cited as the "Developmental Disability Care Provider Tax Credit Program". 2. As used in this section, the following terms mean: (1) "Certifi…

135.120. Deferment of tax credit — election — notice. — A taxpayer entitled to the credit allowed by section 135.110 may elect to defer the commencement of the ten-year period during which such credit is allowed to any taxable year not later than the third taxable year following …

135.1210. Railroad track expenditures tax credit — definitions — eligibility — amount, procedure — report — rules — sunset provision. — 1. As used in this section, the following terms mean: (1) "Eligible customer", a person who uses any railroad or railroad-related property, faci…

135.130. Transfer of business facility, all or part — apportionment of tax credit — estate of taxpayer entitled to credit and distributee of estate also entitled to credit. — 1. If a taxpayer, hereafter referred to in this section as "transferor", shall have established a new bus…

135.140. Termination and resumption of operation of business — consent of director required for claim of credit. — If a taxpayer has terminated the operation of a revenue producing enterprise at a new business facility prior to the expiration of the ten-year period during which a…

135.150. Rules, promulgation duties — certification of applications for tax credit — application requesting credit granted when — denial, protest procedure — review by administrative hearing commission authorized. — 1. Until January 1, 1987, the director of revenue shall prescrib…

135.155. Prohibition on certain enterprises receiving certain incentives — expansion deemed new business facility — certain properties considered one facility, when. — 1. Notwithstanding any provision of the law to the contrary, no revenue-producing enterprise other than headquar…

135.1610. Urban farm — definitions — tax credit, amount, procedure — rules — sunset provision. — 1. As used in this section, the following terms mean: (1) "Eligible expenses", expenses incurred in the construction or development of establishing or improving an urban farm in an ur…

135.1670. Relocated jobs, eligibility for tax credits and financial incentives — director's duties — expiration date. — 1. As used in this section, the following terms mean: (1) "Kansas border county", Johnson, Miami, or Wyandotte County in Kansas; (2) "Missouri border county", a…

135.200. Definitions. — The following terms, whenever used in sections 135.200 to 135.256, mean: (1) "Department", the department of economic development; (2) "Director", the director of the department of economic development; (3) "Facility", any building used as a revenue-produc…

135.205. Requirements to qualify as enterprise zone. — For purposes of sections 135.200 to 135.256, an area must meet all the following criteria in order to qualify as an enterprise zone: (1) The area is one of pervasive poverty, unemployment, and general distress; (2) At least s…

135.206. Counties, certain third class counties to have one enterprise zone designated, requirements. — In addition to the number of enterprise zones authorized by the provisions of section 135.210, the department of economic development shall designate one such zone in every cou…

135.207. Satellite zones may be established in certain cities or villages, requirements. — 1. (1) Any city with a population of at least three hundred fifty thousand inhabitants which is located in more than one county and any city not within a county, which includes an existing …

135.208. Additional enterprise zones to be designated, certain third class counties, Independence, Camden County, Randolph County, Ste. Genevieve County, Jefferson County, the city of Ava, the city of Portageville, the city of Lamar, requirements. — 1. In addition to the number o…

135.209. Satellite enterprise zone may be established, city of Independence. — 1. Any city in which an enterprise zone is designated pursuant to subsection 5 of section 135.208 may, upon approval of the local governing authority of the city and the director of the department of e…

135.210. Designation as enterprise zone, procedure — maximum number, exceptions — report required from all zones — cancellation of zone, procedure. — 1. Any governing authority which desires to have any portion of a city or unincorporated area of a county under its control design…

135.215. Real property improvements exemption from assessment and ad valorem taxes — procedure — maximum period granted — abatement or exemption ceases, when. — 1. Improvements made to "real property" as such term is defined in section 137.010, which are made in an enterprise zon…

135.220. Income earned by business, revenue producing enterprise, in zone, residential units, exemption, how computed. — 1. The provisions of chapter 143 notwithstanding, one-half of the Missouri taxable income attributed to a new business facility in an enterprise zone which is …

135.225. Tax credit for new or expanded business facility, requirements — definitions — apportionment of credits — period for which tax credit granted — election to forfeit and claim tax credit under section 135.110 — vesting of credits and exemptions, when — waiver of credits an…

135.230. Tax credits and exemptions, maximum period granted — calculation formula — employee requirements, waived or reduced, when — motor carrier, tax credits, conditions — expansion of boundaries of enterprise zone — petition for additional period, qualifications. — 1. The exem…

135.235. Tax credit for expense of training employees — small corporations and partnerships. — To the extent that expenses incurred by a new business facility in an enterprise zone for the training of persons employed in the operation of the new business facility is not covered b…

135.240. Employees for which employer may claim training credit. — The provisions of subdivision (3) of section 135.225 and section 135.230 shall apply to employees determined to: (1) Be difficult to employ. For the purpose of this section, "a person difficult to employ" shall me…

135.245. Income tax refund limited to taxpayer establishing new facility in enterprise zone — refund if tax credits earned exceed tax liability, when, limitations. — 1. Notwithstanding any other provision of Missouri law, some portion of the tax credits earned by a newly establis…

135.247. Federal empowerment, enterprise community deemed state enterprise zone — credits, exemption, refund — retail businesses eligible for benefits. — 1. Notwithstanding the provisions of sections 135.205, 135.207, and 135.210 or any other provisions to the contrary, any area …

135.250. Rules authorized, procedure. — 1. The director of the department of economic development may, subject to the requirements of section 536.021, issue such rules and regulations as he deems necessary regarding the qualifications necessary for an area to be deemed an "enterp…

135.255. Displaced enterprise zone resident assistance, when, limitations. — After August 13, 1982, whenever an enterprise zone resident becomes displaced as a result of condemnation authorized under the provisions of chapter 353 and is displaced from a dwelling which was actuall…

135.256. Enterprise zone to be established in certain cities (Rolla). — In addition to the number of enterprise zones authorized under the provisions of sections 135.206 and 135.210, the department of economic development shall designate one such zone in every city of the third c…

135.257. Enterprise zone to be established in city not within a county (St. Louis). — In addition to the number of enterprise zones authorized pursuant to the provisions of sections 135.206, 135.208, 135.210 and 135.256, the department of economic development shall designate one …

135.258. Letter of intent required, when. — 1. A taxpayer shall not be entitled to receive the tax credits, the exemption and the refunds respectively provided for in sections 135.110, 135.220, 135.225, and 135.245 solely because the taxpayer has met and maintained the new invest…

135.259. Enterprise zone designated for a certain county (Wright County) — In addition to the number of enterprise zones authorized pursuant to the provisions of sections 135.206, 135.210, 135.256 and 135.257, the department of economic development shall designate one such zone f…

135.260. Enterprise zone designated for a certain city (Carl Junction) — In addition to the number of enterprise zones authorized pursuant to the provisions of sections 135.206 and 135.210, the department of economic development shall designate one such zone in every city of the …

135.262. Any area meeting enterprise zone requirements shall be designated as such. — In addition to the number of enterprise zones authorized under the provisions of sections 135.206 to 135.260, the department of economic development shall designate any area that meets all the r…

135.270. Strategic initiative investment income tax refund, automobile manufacturers or assemblers. — 1. Any automobile manufacturer or assembler, as defined by standard industrial classification code (SIC) number 3711, that is located within a state enterprise zone established p…

135.276. Definitions. — As used in sections 135.276 to 135.283, the following terms mean: (1) "Continuation of commercial operations" shall be deemed to occur during the first taxable year following the taxable year during which the business entered into an agreement with the dep…

135.277. Taxable income of retained business facility exempt from income taxation, amount. — The provisions of chapter 143 notwithstanding, one-half of the Missouri taxable income attributed to an approved retained business facility that is earned by a taxpayer operating the appr…

135.279. Tax credit, amount (Hazelwood Ford Plant) — calculation and limitations on credit. — 1. Any taxpayer that operates an approved retained business facility in an enterprise zone may be allowed a credit, each year for ten years, in an amount determined pursuant to subsectio…

135.281. Application for income tax refund (Hazelwood Ford Plant) — approval procedures. — 1. Any taxpayer operating an approved retained business facility that is located within a state enterprise zone established pursuant to sections 135.200 to 135.256 may make an application t…