The State of Missouri is committed to a strong, growing information technology industry. Below are local incentive programs that are of interest to IT companies:
Property Tax Abatement Programs
Cities and counties have the ability to provide partial property tax abatement for supplier expansion projects through several different methods, including Chapter 100, Enhanced Enterprise Zone, Urban Redevelopment Corporations, and Land Clearance for Redevelopment Authorities.
Chapter 353 Tax Abatement
Chapter 353 Tax Abatement is an incentive that can be utilized by cities to encourage the redevelopment of blighted areas by providing real property tax abatement.
