SB864

Missouri SB864 modifies tax credits for biodiesel fuel, urban farms, and meat processing facilities.

Missouri SB864 modifies provisions relating to tax credits. It allows a tax credit for biodiesel fuel sold by retail dealers and distributors, with credits based on the amount of biodiesel blend sold. It also provides a tax credit for expenses related to establishing or improving urban farms that focus on food production. Additionally, it allows a tax credit for expenses related to meat processing modernization or expansion, with credits based on the amount paid for such expenses.