Mo. Code Regs. Ann. tit. 4, § 85-5.060
Preliminary and Excess Tax Credits Application Evaluation—Input from Local Elected Officials
Effective Mar 30, 2024section 135.487, RSMo 2016, and sections 135.802 and 620.010, RSMo Supp. 2023.* Emergency rule filed March 20, 2019, effective March 30, 2019, expired Dec. 31, 2019. Original rule filed March 20, 2019, effective Nov. 30, 2019. Amended: Filed July 31, 2023, effective March 30, 2024. *Original authority: 135.487, RSMo 1999; 135.802, RSMo 2004, amended 2009, 2022; and 620.010, RSMo 1973, amended 1981, 1983, 1986, 1989, 1990, 1993, 1994, 1995, 1999, 2001, 2007, 2008, 2010, 2014, 2019Division of Business and Community Services
PURPOSE: This rule clarifies the application considerations set forth in section 253.559.3(1)(d), RSMo.
(1) For purposes of evaluating a preliminary application for authorization of tax credits and an excess tax credits application for issuance of tax credits pursuant to section 253.559.3(1)(d), RSMo, the department shall evaluate the following criteria:
- (A) Committed amount of local incentives to the project; and
- (B) Signed letters of support for the project from the local elected officials in the local municipality in which the project is located. For any project in any city not within a county, an applicant shall also include a letter of support from the president of the board of aldermen, if one can be obtained.
AUTHORITY: section 135.487, RSMo 2016, and sections 135.802 and 620.010, RSMo Supp. 2023.* Emergency rule filed March 20, 2019, effective March 30, 2019, expired Dec. 31, 2019. Original rule filed March 20, 2019, effective Nov. 30, 2019. Amended: Filed July 31, 2023, effective March 30, 2024. *Original authority: 135.487, RSMo 1999; 135.802, RSMo 2004, amended 2009, 2022; and 620.010, RSMo 1973, amended 1981, 1983, 1986, 1989, 1990, 1993, 1994, 1995, 1999, 2001, 2007, 2008, 2010, 2014, 2019.