135.155. Prohibition on certain enterprises receiving certain incentives--expansion deemed new business facility--certain properties considered one facility, when.

MISSOURI STATUTES AND CODES

135.155. Prohibition on certain enterprises receiving certain incentives--expansion deemed new business facility--certain properties considered one facility, when.

Prohibition on certain enterprises receiving certainincentives--expansion deemed new business facility--certainproperties considered one facility, when.

135.155. 1. Notwithstanding any provision of the law to thecontrary, no revenue-producing enterprise other than headquarters asdefined in subsection 10 of section 135.110 shall receive the incentivesset forth in sections 135.100 to 135.150 for facilities commencingoperations on or after January 1, 2005. No headquarters shall receive theincentives set forth in subsections 9 to 14 of section 135.110 forfacilities commencing or expanding operations on or after January 1, 2020.

2. Notwithstanding subsection 9 of section 135.110 to the contrary,expansions at headquarters facilities shall each be considered a separatenew business facility and each be entitled to the credits as set forth insubsections 9 to 14 of section 135.110 if the number of new businessfacility employees attributed to each such expansion is at leasttwenty-five and the amount of new business facility investment attributedto each such expansion is at least one million dollars. In any year inwhich a new business facility is not created, the jobs and investment forthat year shall be included in calculating the credits for the most recentnew business facility and not an earlier created new business facility.

3. Notwithstanding any provision of law to the contrary, forheadquarters, buildings on multiple noncontiguous real properties shall beconsidered one facility if the buildings are located within the same countyor within the same municipality.