This program is an innovative method of financing (i) the acquisition, construction and equipping of qualified manufacturing production facilities and/or equipment, and (ii) refinancing outstanding tax-exempt bonds. The Tax-Exempt Program provides low interest rate loans to qualified borrowers through the issuance of tax-exempt revenue bonds by the Missouri Development Finance Board.
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This program is an innovative method of financing the acquisition, construction and equipping of qualified facilities and/or equipment. All types of retail, commercial and industrial projects qualify for participation in the Taxable Bond Program. The program provides competitive rate loans to qualified borrowers through the issuance of private activity, industrial revenue bonds by the Missouri Development Finance Board.
The Meet in Missouri Act was established by House Bill 1698 to provide a financial incentive for Destination Marketing Organizations to attract major out-of-state conventions to Missouri. The Missouri General Assembly passed the act in May 2016, and it went into effect in August 2016. Annual funding levels for the Meet in Missouri Act will be determined by the General Assembly.
Per Section 620.3300 RSMo, this new program assists Missouri’s military communities in supporting and sustaining their installations, to encourage communities to initiate coordinated response programs and action plans in advance of future federal government realignment and closure decisions, and to support community efforts to attract new or expanded military missions.
If your business has property for the purposes of storing/dispensing alternative fuels or for electric recharging, incentives are available for a maximum of 20 percent of the total costs directly associated with the equipment.