HB3080 modifies Missouri's historic preservation tax credit program, adjusting credit amounts, prioritizing projects in high-poverty areas, and.
HB3080 revises Missouri's historic preservation tax credit program by adjusting the maximum annual tax credits and introducing a new adjustment mechanism based on inflation. It prioritizes projects in qualified census tracts with high poverty rates, allowing them to receive higher tax credits. The bill also establishes a streamlined application process for tax credits, including a phased review system and an independent appeals process for applicants.
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- Legal Framework
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