Missouri SB913 modifies tax credit provisions for various sectors including railroads, biodiesel producers, and specialty agricultural crops.

Missouri SB913 modifies tax credit provisions for different sectors. For railroads, it allows tax credits for qualified railroad expenditures and new rail infrastructure. For biodiesel producers, it provides credits for biodiesel fuel produced and sold. The bill also establishes a tax credit program for family farmers purchasing specialty agricultural crops. Additionally, it introduces credits for urban farm expenses and meat processing facility modernization. Each sector has specific eligibility criteria and credit limits. The bill also outlines procedures for credit transfers and recaptures.

Missouri SB913 modifies tax credit provisions for various sectors including railroads, biodiesel producers, and specialty agricultural crops.

Missouri SB913 modifies tax credit provisions for different sectors. For railroads, it allows tax credits for qualified railroad expenditures and new rail infrastructure. For biodiesel producers, it provides credits for biodiesel fuel produced and sold. The bill also establishes a tax credit program for family farmers purchasing specialty agricultural crops. Additionally, it introduces credits for urban farm expenses and meat processing facility modernization. Each sector has specific eligibility criteria and credit limits. The bill also outlines procedures for credit transfers and recaptures.