A year after stripping it from a package of taxpayer-paid incentives for Missouri’s agriculture industry, a controversial rural tax credit program is back before the Legislature.
A House panel Monday heard testimony on the proposed Missouri Rural Workforce Development Act, which is designed to give investors tax credits for investing in rural businesses in the state.
“We’re really looking to get money into rural parts of the state that have been left behind,” said Rep. Kurtis Gregory, a Marshall Republican who is sponsoring the $25 million proposal.
Efforts to approve the program stalled in 2021 and again last year amid concerns that the program could benefit a major Missouri property developer
Source: stltoday.com
Categories: Missouri, Business, Rural Lifestyle