Title XL — ADDITIONAL EXECUTIVE DEPARTMENTS

620.171. Export development office created, purpose — powers and duties. — 1. There is hereby created within the department of economic development the "Missouri Export Development Office". The office shall work to expand job opportunities of Missouri's work force by increasing t…

620.1875. Title of law. — Sections 620.1875 to 620.1890 shall be known and may be cited as the "Missouri Quality Jobs Act". ­­-------- (L. 2005 S.B. 343)

620.1878. Definitions. — For the purposes of sections 620.1875 to 620.1890, the following terms shall mean: (1) "Approval", a document submitted by the department to the qualified company that states the benefits that may be provided by this program; (2) "Average wage", the new p…

620.1881. Project notice of intent, department to respond with a proposal or a rejection — benefits available — effect on withholding tax — projects eligible for benefits — annual report — cap on tax credits — allocation of tax credits. — 1. The department of economic development…

620.1884. Rulemaking authority. — The department may adopt such rules, statements of policy, procedures, forms, and guidelines as may be necessary to carry out the provisions of sections 620.1875 to 620.1890. Any rule or portion of a rule, as that term is defined in section 536.0…

620.1887. Quality jobs advisory task force created, members. — There is hereby created a volunteer task force, to be known as the "Quality Jobs Advisory Task Force", which shall consist of the chairperson of the economic development committee of the Missouri senate or his or her …

620.1890. Report to the general assembly, contents. — Prior to March first each year, the department will provide a report on the program to the general assembly including the names of participating companies, location of such companies, the annual amount of benefits provided, th…

620.1900. Fee imposed on tax credit recipients, amount, deposited where — economic development advancement fund created, use of moneys. — 1. The department of economic development may charge a fee to the recipient of any tax credits issued by the department, in an amount up to tw…

620.1910. Citation of law — definitions — qualified manufacturing company and suppliers, retention of withholding taxes, when — maximum retention amount — rulemaking authority — agreement required — report required — sunset provision. — 1. This section shall be known and may be c…

620.2000. Citation of law. — Sections 620.2000 to 620.2020 shall be known and may be cited as the "Missouri Works Program". ­­-------- (L. 2013 H.B. 184) Sunset date 8-28-30, see § 620.2020 Termination date 9-01-31, see § 620.2020

620.2005. Definitions. — 1. As used in sections 620.2000 to 620.2020, the following terms mean: (1) "Average wage", the new payroll divided by the number of new jobs, or the payroll of the retained jobs divided by the number of retained jobs; (2) "Commencement of operations", the…

620.2010. Retention of withholding tax for new jobs, when — tax credits authorized, requirements — alternate incentives. — 1. In exchange for the consideration provided by the new tax revenues and other economic stimuli that will be generated by the new jobs created, a qualified …

620.2015. Relocation of business, factor in determining eligibility — benefits, requirements — written agreement required. — 1. In exchange for the consideration provided by the tax revenues and other economic stimuli that will be generated by the retention of jobs and the making…

620.2020. Participation procedures, department duties, qualified company or qualified military project duties — maximum tax credits allowed, allocation — prohibited acts — report, contents — rulemaking authority — sunset date. — 1. The department shall respond to a written reques…

620.2100. Commission established, members — fund established — duties of commission — expiration date. — 1. There is hereby established the "Ozark Exploration Bicentennial Commission". 2. The commission shall consist of the following members: (1) Two representatives appointed by …

620.2200. Citation of law — commission established, members, meetings — fund created, use of moneys — report — termination date. — 1. This section shall be known and may be cited as the "Missouri Route 66 Centennial Commission Act". 2. The commission shall be composed of eighteen…

620.2250. Citation of law — definitions — TIME zones, procedure to establish — state withholding tax agreement, requirements — fund created, use of moneys — annual report, contents — rules. — 1. This section shall be known and may be cited as the "Targeted Industrial Manufacturin…

620.2300. Definitions — applications process. — 1. As used in this section, the following terms shall mean: (1) "Biomass facility", a biomass renewable energy facility or biomass fuel production facility that will not be a major source for air quality permitting purposes; (2) "Co…

620.2400. MERVN established, management of, purpose, requirements — report required. — 1. There is hereby established the "Missouri Entrepreneur Resource Virtual Network (MERVN)" to be managed by Missouri small business and technology development centers. The centers shall seek s…

620.2450. Program established, expanded access to broadband internet service — definitions. — 1. A grant program is hereby established under sections 620.2450 to 620.2458 to award grants to applicants who seek to expand access to and improve the reliability of broadband internet …

620.2451. Grants, use of moneys — recordkeeping requirements — failure to use grant moneys for specific purpose. — 1. Grants awarded under sections 620.2450 to 620.2458 shall fund the acquisition and installation of retail broadband internet service, prioritizing projects providi…

620.2452. Eligible applicants. — Applicants eligible for grants awarded shall include: (1) Corporations, or their affiliates, registered in this state; (2) Incorporated businesses or partnerships; (3) Limited liability companies registered in this state; (4) Nonprofit organizatio…

620.2453. Application, contents. — An eligible applicant shall submit an application to the department of economic development on a form prescribed by the department. An application for a grant under sections 620.2450 to 620.2458 shall include the following information: (1) A des…

620.2454. Criteria, scoring system, and list of underserved areas, department to publish on website — challenges, evaluation of. — 1. At least thirty days prior to the first day applications may be submitted each fiscal year, the department of economic development shall publish o…

620.2455. Prioritization of applications — ranking of applicants, system used. — 1. The department of economic development shall give first priority to grant applications that serve unserved areas. 2. The department of economic development shall give secondary priority to grant a…

620.2456. Connect America Fund, no grants awarded — limitations on grant amount — limitations on grant requirements. — 1. The department of economic development shall not award any grant to an otherwise eligible grant applicant where funding from the Connect America Fund has been…

620.2457. Grant application and award information to be posted on website. — By June thirtieth of each year, the department of economic development shall publish on its website and provide to the general assembly: (1) A list of all applications for grants under sections 620.2450 …

620.2458. Rulemaking authority. — The department of economic development shall develop administrative rules governing the eligibility, application and grant award process, and to implement the provisions of sections 620.2450 to 620.2458. Any rule or portion of a rule, as that ter…

620.2459. Sunset provision. — Pursuant to section 23.253 of the Missouri sunset act: (1) The provisions of the program authorized under sections 620.2450, 620.2451, 620.2452, 620.2453, 620.2454, 620.2455, 620.2456, 620.2457, and 620.2458 shall sunset on June 30, 2027, unless reau…

620.2465. Program to increase high-speed internet access — rules. — 1. The department shall implement a program to increase high-speed internet access in unserved and underserved areas. The department may use its discretion in choosing the method of the program, but the program s…

620.2468. Site inspection. — The state office of broadband development within the department of economic development shall have the authority to engage in site inspections of broadband providers that have received grants or loans for projects from the state office of broadband de…

620.2475. Aerospace projects, certain state benefits considered in determining aggregate benefits eligibility — reports. — 1. As used in this section, the following terms shall mean: (1) "Aerospace project", a project undertaken by or for the benefit of a qualified company with a…

620.2500. Employer reimbursement for employee upskill credentials — definitions — fund created — application criteria — requirements — rulemaking — sunset date. — 1. For purposes of this section, the following terms mean: (1) "Employee", any person employed by a qualifying employ…

620.2600. Tax credit authorized — definitions — eligibility — rulemaking authority — sunset provision. — 1. This section shall be known and may be cited as the "Innovation Campus Tax Credit Act". 2. As used in this section, the following terms mean: (1) "Certificate", a tax credi…

620.3100. Office to be established, purpose, subject to appropriations. — The department of economic development shall establish an office in Israel for the purpose of promoting strategic partnerships between Israel-based companies and Missouri-based companies. Such partnerships …

620.3210. Citation of law — definitions — fund created, use of moneys — tax credit for donations, amount, procedure, cap — rulemaking authority — sunset provision. — 1. This section shall be known and may be cited as the "Capitol Complex Tax Credit Act". 2. As used in this sectio…

620.3250. Boots-to-business program, veteran-owned small businesses — assignment of a mentor — rulemaking authority. — 1. Any veteran who receives a small business loan through the state treasurer's linked deposit program set forth in sections 30.750 to 30.765 may, after receivin…

620.3300. Citation of law — definitions — program established, purpose — fund created, use of moneys — grants — rulemaking authority. — 1. This section shall be known and may be cited as the "Missouri Military Community Reinvestment Program Act". 2. As used in this section, the f…

620.3305. Program established — definitions — fund created, use of moneys — grant disbursement — rules. — 1. Subject to appropriations, the department of economic development shall establish the "Missouri Veterans and Job Opportunity Grant Program". 2. As used in this section, th…

620.3500. Citation of law. — Sections 620.3500 to 620.3530 shall be known and may be cited as the "Missouri Rural Access to Capital Act". ­­-------- (L. 2024 S.B. 802) Sunset date 8-28-30, see § 620.3530 Termination date 9-01-31, see § 620.3530

43.500. Definitions. — As used in sections 620.3500 to 620.3530, the following terms shall mean: (1) "Affiliate", an entity that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with another entity. An entity is…

620.3510. Certification of capital investments, application, procedure. — 1. A rural fund that seeks to have an equity investment certified as a capital investment eligible for credits authorized under the provisions of sections 620.3500 to 620.3530 shall apply to the department.…

620.3515. Cap on capital investment authority — issuance and receipt of cash, when — lapse, when — request for opinion. — 1. The department shall certify capital investment authority under the provisions of sections 620.3500 to 620.3530 in amounts that would authorize not more th…

620.3520. Tax credit earned, when — credit nonrefundable or sellable — recapture, when. — 1. Upon making a capital investment in a rural fund, a rural investor shall have a vested right to earn a tax credit that will be issued by the department that may be used against such entit…

620.3525. Prohibited acts. — No eligible business that receives a qualified investment under the provisions of sections 620.3500 to 620.3530, or any affiliates of such eligible businesses, shall directly or indirectly: (1) Own or have the right to acquire an ownership interest in…

620.3530. Report, contents — program considered a business tax recruitment tax credit — exit of program request — sunset provision — rulemaking authority. — 1. Rural funds shall submit a report to the department within the first fifteen business days after the second and third cr…

620.3800. Office of entrepreneurship created, purpose, duties. — There is hereby created within the department of economic development the "Office of Entrepreneurship". The office shall employ an individual to promote policies and initiatives to support the growth of entrepreneur…

620.3900. Citation of law — definitions. — 1. Sections 620.3900 to 620.3930 shall be known and may be cited as the "Regulatory Sandbox Act". 2. For the purposes of sections 620.3900 to 620.3930, the following terms shall mean: (1) "Advisory committee", the general regulatory sand…

620.3905. Creation of regulatory relief office and appointment of director. — 1. There is hereby created within the department of economic development the "Regulatory Relief Office", which shall be administered by the sandbox program director. The sandbox program director shall r…

620.3910. Creation and duties of advisory committee. — 1. There is hereby created within the department of economic development the "General Regulatory Sandbox Program Advisory Committee", to be composed of the following members: (1) The director of the department of economic dev…