Missouri SB1004 establishes the Missouri Angel Investment Incentive Act, offering tax credits for investments in qualified Missouri businesses.
Missouri SB1004 introduces the Missouri Angel Investment Incentive Act, which provides tax credits for cash investments in qualified Missouri businesses. These businesses must be approved by the Missouri Technology Corporation (MTC) and meet specific criteria, such as being knowledge-based companies with a reasonable chance of success and potential for job creation. Investors eligible for tax credits include accredited investors and certain entities. The act limits tax credits per investor and per business, with annual increases in allowable credits starting in 2029.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.