Authorizes incentives for producing certain critical materials and pharmaceuticals

Became law

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Where it is in the process

Plain-English Summary

This bill creates the "Missouri Defense and Energy Independence Act" to offer tax credits to companies that produce critical materials and pharmaceuticals in Missouri. It provides tax credits for qualified project costs, such as construction and equipment, for companies investing at least $5 million, with higher credit percentages for larger investments. The bill also establishes a "Grants for Independence from Foreign Influence Fund" in the state treasury.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 1 Sponsor

Democrat0Republican1Independent0Other0

R · PrimeKurtis Gregory

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