105.1270. No conflict of interest for state--authorized tax credits, abatements, exemptions, or loans, when. - Missouri Statutes

No conflict of interest for state--authorized tax credits, abatements,exemptions, or loans, when.

105.1270. Notwithstanding any provision to the contrary, acorporation, partnership, firm, trust, association, or other entity shallnot be disqualified from receiving any state-authorized tax credit,abatement, exemption, or loan on the basis that there exists a conflict ofinterest due to a relationship of any degree or affinity to any statewideelected official or member of the general assembly, when the person ofrelation holds less than a two percent equity interest in the entitystanding to benefit from the credit, abatement, exemption, or loan.

(L. 2008 H.B. 2058)