To help alleviate unemployment and economic distress resulting from business closings or cutbacks; and to facilitate the creation of new jobs to replace those lost.
Businesses with an existing award of tax credits through the Enhanced Enterprise Zone program seeking to gain access to those benefits should submit the Annual Tax Credit Application to the department no later than the end of the tax year immediately following the tax year for which they are seeking benefits.
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No new authorizations may be made for this program. The Enterprise Zone program was replaced by the Enhanced Enterprise Zone (EEZ) program (view a full list of Missouri's EEZs). Enterprise Zone designations are expected to expire as the duration is not to exceed 25 years. Projects with previous authorizations may complete their projects and may still achieve the program benefits subject to the program rules and any terms and conditions of their original award.