reglab/housing_qa huggingface dataset:
MO Rev Stat § 100.720 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.720 - Additional powers of Missouri development finance board — certificates, state credit for.

Effective - 28 Aug 1996   100.720. Additional powers of Missouri development finance board — certificates, state credit for. — 1. The Missouri development finance board shall have, in addition to the powers provided to it in sections 100.250 to 100.297, and with the approval of the department, all the powers necessary to carry out and effectuate the purposes and provisions of sections 100.700 to 100.850, including, but not limited to, the power to:  (1) Provide and finance economic development projects, pursuant to the provisions of sections 100.700 to 100.850, and cooperate with eligible industries in order to promote, foster and support economic development within the state;  (2) Conduct hearings and inquiries, in the manner and by the methods as it deems desirable, for the purpose of gathering information with respect to eligible industries and economic development projects, and for the purpose of making any determinations necessary or desirable in the furtherance of sections 100.700 to 100.850; and  (3) Negotiate the terms of, including the amount of project costs, and enter into financing agreements with eligible industries, and in connection therewith to acquire, convey, sell, mortgage, finance or otherwise dispose of any property, real or personal, loan bond proceeds, and permit the use of assessments, in connection with an economic development project, and to pay, or cause to be paid, in accordance with the provisions of a financing agreement, the program costs of an economic development project from any funds available therefor.  2. Certificates issued by the board pursuant to the provisions of sections 100.700 to 100.850 shall not constitute an indebtedness or liability of the state of Missouri within the meaning of any state constitutional provision or statutory limitation, shall not constitute a pledge of the faith and credit of the state of Missouri, shall not be guaranteed by the credit of the state, and unless approved by a concurrent resolution of the general assembly, no certificate in default shall be paid by the state of Missouri. ­­-------- (L. 1996 H.B. 1237 § 9)
MO Rev Stat § 100.730 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.730 - Establishment of procedures to determine eligible industries — authority to request information.

Effective - 28 Aug 1996   100.730. Establishment of procedures to determine eligible industries — authority to request information. — 1. The department, in conjunction with the board, shall establish the procedures and standards for the determination and approval of eligible industries and their economic development projects by the promulgation of rules or regulations in accordance with sections 100.700 to 100.850, chapter 536, and section 620.1066. These rules or regulations shall mandate the evaluation of the credit worthiness of eligible industries, the number of new jobs to be provided by an economic development project to residents of the state, and the likelihood of the economic success of the economic development project. No economic development project which will result in the replacement of facilities existing in the state shall be approved by the board.  2. With respect to each eligible industry making an application to the board for incentives, and with respect to the economic development project described in the application, the board shall request relevant information, documentation and other materials and make inquiries of the applicant as necessary or appropriate. After a diligent review of relevant materials and completion of its inquiries, the board may by resolution designate an economic development project. ­­-------- (L. 1996 H.B. 1237 § 10)  CROSS REFERENCE:  Tax Credit Accountability Act of 2004, additional requirements, 135.800 to 135.830
MO Rev Stat § 100.740 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.740 - Financing agreement, authority to enter into.

Effective - 28 Aug 1996   100.740. Financing agreement, authority to enter into. — The board may enter into, with the approval of the department and in consultation with the office of administration, with any eligible industry, a financing agreement with respect to its economic development project. Subject to the inclusion of the mandatory provisions set forth in sections 100.700 to 100.850, the terms and provisions of each financing agreement shall be determined by negotiations between the board and the eligible industry. ­­-------- (L. 1996 H.B. 1237 § 11)
MO Rev Stat § 100.750 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.750 - Financing agreement, contents.

Effective - 28 Aug 1996   100.750. Financing agreement, contents. — The financing agreement shall provide in substance that:  (1) It may be assigned by the eligible industry only upon the prior written consent of the board following the adoption of a resolution by the board to such effect; and  (2) Upon default by the eligible industry in any obligations under the financing agreement or other documents evidencing, securing or related to the eligible industry's obligations, the board shall have the right, at its option, to:  (a) Declare the financing agreement or other such documents in default;  (b) Accelerate and declare the total of all such payments due by the eligible industry and sell the economic development project at public, private, or judicial sale;  (c) Pursue any remedy provided under the financing agreement or other such documents;  (d) Be entitled to the appointment of a receiver by the circuit court wherein any part of the economic development project is located; and  (e) Pursue any other applicable legal remedy. ­­-------- (L. 1996 H.B. 1237 § 12)
MO Rev Stat § 100.760 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.760 - Credit agreement, conditions.

Effective - 04 Jun 2009   100.760. Credit agreement, conditions. — After receipt of an application, the board may, with the approval of the department, enter into an agreement with an eligible industry for a credit pursuant to sections 100.700 to 100.850 if the board determines that all of the following conditions exist:  (1) The applicant's project will create new jobs that were not jobs previously performed by employees of the applicant in Missouri;  (2) The applicant's project is economically sound and will benefit the people of Missouri by increasing opportunities for employment and strengthening the economy of Missouri;  (3) Significant local incentives with respect to the project or eligible industry have been committed, which incentives may consist of:  (a) Cash or in-kind incentives derived from any nonstate source, including incentives provided by the affected political subdivisions, private industry and/or local chambers of commerce or similar such organizations; and/or  (b) Relief from local taxes, in either case as acceptable to the board;  (4) Receiving the credit is a major factor in the applicant's decision to go forward with the project and not receiving the credit will result in the applicant not creating new jobs in Missouri; and  (5) Awarding the credit will result in an overall positive fiscal impact to the state. ­­-------- (L. 1996 H.B. 1237 § 13, A.L. 1997 2d Ex. Sess. S.B. 1, A.L. 2009 H.B. 191)  Effective 6-04-09
MO Rev Stat § 100.770 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.770 - Factors considered in awarding credit.

Effective - 04 Jun 2009   100.770. Factors considered in awarding credit. — In determining the credit that should be awarded, the board shall take into consideration the following factors:  (1) The economy of the county where the projected investment is to occur;  (2) The potential impact on the economy of Missouri;  (3) The payroll attributable to the project;  (4) The capital investment attributable to the project;  (5) The amount the average wage paid by the applicant exceeds the average wage paid within the county in which the project will be located;  (6) The costs to Missouri and the affected political subdivisions with respect to the project; and  (7) The financial assistance that is otherwise provided by Missouri and the affected political subdivisions. ­­-------- (L. 1996 H.B. 1237 § 14, A.L. 2009 H.B. 191)  Effective 6-04-09
MO Rev Stat § 100.780 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.780 - Board authority to determine projects, assessments, credits and refunds, credit and assessment time limit.

Effective - 28 Aug 1996   100.780. Board authority to determine projects, assessments, credits and refunds, credit and assessment time limit. — The board shall determine the amount and duration of a project and its associated assessments, credits and refunds. The credit amount may not exceed the estimated assessment. Assessments made for any project may not exceed a period of fifteen years. ­­-------- (L. 1996 H.B. 1237 § 15)
MO Rev Stat § 100.790 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.790 - Agreement contents.

Effective - 28 Aug 1996   100.790. Agreement contents. — An agreement between the board and an eligible industry shall include all of the following:  (1) A detailed description of the project that is the subject of the agreement;  (2) A specific method for determining the number of new employees employed during a taxable year who are performing jobs not previously performed by an employee of the eligible industry;  (3) A requirement that the taxpayer shall annually report to the board the number of new employees who are performing jobs not previously performed by an employee, the total amount of salaries and wages paid to eligible employees in new jobs, and any other information the board needs to perform its duties pursuant to sections 100.700 to 100.850;  (4) A requirement that the taxpayer shall provide written notification to the director and the board not more than thirty days after the taxpayer makes or receives a proposal that would transfer the taxpayer's state tax liability obligations to a successor taxpayer;  (5) Any other performance conditions that the board and the director determine are appropriate; and  (6) A requirement that the taxpayer shall maintain operations at the project location for at least a period of time equal to the number of years for which credits are authorized in the financing agreement with the board. ­­-------- (L. 1996 H.B. 1237 § 16)
MO Rev Stat § 100.800 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.800 - Noncompliance by eligible industry, determination, penalty.

Effective - 28 Aug 1996   100.800. Noncompliance by eligible industry, determination, penalty. — If the board determines that an eligible industry, which has received a credit pursuant to sections 100.700 to 100.850, is not complying with the requirements of the credit agreement or all of the provisions of sections 100.700 to 100.850, the board shall, after giving the industry an opportunity to explain the noncompliance, notify the department of revenue of the noncompliance and request a penalty. The board shall state the amount of the penalty, which may not exceed the sum of any previously allowed assessments pursuant to sections 100.700 to 100.850. ­­-------- (L. 1996 H.B. 1237 § 17)
MO Rev Stat § 100.810 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.810 - Evaluation of program.

Effective - 28 Aug 1996   100.810. Evaluation of program. — On an annual basis, the director shall provide for an evaluation of the program. The evaluation shall include an assessment of the effectiveness of the program in creating new jobs in Missouri and of the revenue impact of the program. The director shall submit a report on the evaluation to the governor, the president pro tem of the senate, and the speaker of the house of representatives. ­­-------- (L. 1996 H.B. 1237 § 18)
MO Rev Stat § 100.820 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.820 - Program costs, how paid, assessments.

Effective - 28 Aug 1996   100.820. Program costs, how paid, assessments. — An agreement between the board and an eligible industry shall provide that all or part of program costs are to be met by receipt of assessments. Assessments shall be based upon wages paid to eligible employees. If business or employment conditions cause the amount of the assessment to be less than the amount projected in the agreement for any time period, then the employer shall pay to the board the amount of such difference, then a portion of withholding tax paid by the employer pursuant to sections 143.191 to 143.265 may be credited to the board by the amount of such difference. The employer shall remit the amount of the assessment to the board. When all program costs, including the principal of, premium, if any, and interest on the certificates have been paid, the employer credits shall cease. ­­-------- (L. 1996 H.B. 1237 § 19)
MO Rev Stat § 100.830 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.830 - Special fund, purposes — certification by employer.

Effective - 28 Aug 1996   100.830. Special fund, purposes — certification by employer. — 1. The board shall establish a special fund for and in the name of each project. All received by the board in respect of the project and required by the agreement to be used to pay program costs for the project shall be deposited in the special fund. Amounts held in the special fund may be used and disbursed by the board only to pay program costs for the project.  2. Any disbursement in respect of a project pursuant to the provisions of sections 100.700 to 100.850, and the special fund into which it is paid, may be irrevocably pledged by the board for the payment of the principal of, premium, if any, and interest on the certificate issued by the board to finance or refinance, in whole or in part, the project.  3. The employer shall certify to the department of revenue that the assessment is in accordance with an agreement and shall provide other information the department may require.  4. If an agreement provides that all or part of program costs are to be met by receipt of assessments, the provisions of this section shall also apply to any successor to the original employer until such time as the principal and interest on the certificates have been paid. ­­-------- (L. 1996 H.B. 1237 § 20)
MO Rev Stat § 100.840 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.840 - Board, powers to borrow money — issue and sell certificates — sale or exchange of refunding certificates — certificates not indebtedness of state.

Effective - 07 Jul 2003   100.840. Board, powers to borrow money — issue and sell certificates — sale or exchange of refunding certificates — certificates not indebtedness of state. — 1. To provide funds for the present payment of the costs of economic development projects, the board may borrow money and issue and sell certificates payable from a sufficient portion of the future receipts of payments authorized by the agreement. The receipts shall be pledged to the payment of principal of and interest on the certificates. Certificates may be sold at public sale or at private sale at par, premium, or discount of not less than ninety-five percent of the par value thereof, at the discretion of the board, and may bear interest at such rate or rates as the board shall determine, notwithstanding the provisions of section 108.170 to the contrary. Certificates may be issued with respect to a single project or multiple projects and may contain terms or conditions as the board may provide by resolution authorizing the issuance of the certificates.  2. Certificates issued to refund other certificates may be sold at public sale or at private sale as provided in this section with the proceeds from the sale to be used for the payment of the certificates being refunded. The refunding certificates may be exchanged in payment and discharge of the certificates being refunded, in installments at different times or an entire issue or series at one time. Refunding certificates may be sold or exchanged at any time on, before, or after the maturity of the outstanding certificates to be refunded. Certificates may be issued for the purpose of refunding a like, greater or lesser principal amount of certificates and may bear a higher, lower or equivalent rate of interest than the certificates being renewed or refunded.  3. The board shall determine if revenues provided in the agreement are sufficient to secure the faithful performance of obligations in the agreement.  4. Certificates issued pursuant to this section shall not be deemed to be an indebtedness of the state or the board or of any political subdivision of the state. ­­-------- (L. 1996 H.B. 1237 § 21, A.L. 1997 2d Ex. Sess. S.B. 1, A.L. 2003 H.B. 289 and S.B. 620)  Effective 6-18-03 (S.B. 620); 7-07-03 (H.B. 289)  Contingent expiration date, see § 135.284
MO Rev Stat § 100.850 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.850 - Assessments remittal, job development assessment fee — company records available to board, when — when remitted assessment ceases — tax credit amount, cap, claiming credit — refunds.

Effective - 04 Jun 2009   100.850. Assessments remittal, job development assessment fee — company records available to board, when — when remitted assessment ceases — tax credit amount, cap, claiming credit — refunds. — 1. The approved company shall remit to the board a job development assessment fee, not to exceed five percent of the gross wages of each eligible employee whose job was created as a result of the economic development project, or not to exceed ten percent if the economic development project is located within a distressed community as defined in section 135.530, for the purpose of retiring bonds which fund the economic development project.  2. Any approved company remitting an assessment as provided in subsection 1 of this section shall make its payroll books and records available to the board at such reasonable times as the board shall request and shall file with the board documentation respecting the assessment as the board may require.  3. Any assessment remitted pursuant to subsection 1 of this section shall cease on the date the bonds are retired.  4. Any approved company which has paid an assessment for debt reduction shall be allowed a tax credit equal to the amount of the assessment. The tax credit may be claimed against taxes otherwise imposed by chapters 143 and 148, except withholding taxes imposed under the provisions of sections 143.191 to 143.265, which were incurred during the tax period in which the assessment was made.  5. In no event shall the aggregate amount of tax credits authorized by subsection 4 of this section exceed twenty-five million dollars annually. Of such amount, nine hundred fifty thousand dollars shall be reserved for an approved project for a world headquarters of a business whose primary function is tax return preparation that is located in any home rule city with more than four hundred thousand inhabitants and located in more than one county, which amount reserved shall end in the year of the final maturity of the certificates issued for such approved project.  6. The director of revenue shall issue a refund to the approved company to the extent that the amount of credits allowed in subsection 4 of this section exceeds the amount of the approved company's income tax. ­­-------- (L. 1996 H.B. 1237 § 22, A.L. 1998 H.B. 1656, A.L. 2003 H.B. 289 and S.B. 620, A.L. 2004 H.B. 1182 and S.B. 1155 and S.B. 1394, A.L. 2005 S.B. 343, A.L. 2009 H.B. 191)  Effective 6-04-09
MO Rev Stat § 103.005 (2021)
2021 Missouri Revised Statutes|Title VIII - Public Officers and Employees, Bonds and Records|Chapter 103 - Health Plan for State Employees|Section 103.005 - Missouri consolidated health care plan established, purpose — powers to carry out plan.

Effective - 28 Aug 1992   103.005. Missouri consolidated health care plan established, purpose — powers to carry out plan. — For the purpose of covering medical expenses of the officers, employees and retirees, the eligible dependents of officers, employees and retirees and to the surviving spouses and children of deceased officers, employees and retirees of the state and participating member agencies of the state, there is hereby created and established a health care plan which shall be a body corporate, which shall be under the management of the board of trustees herein described, and shall be known as the "Missouri Consolidated Health Care Plan". Notwithstanding any provision of law to the contrary, such plan may sue and be sued, transact business, contract, invest funds and hold cash, securities and other property and shall be vested with such other powers as may be necessary or proper to enable it, its officers, employees, and agents to carry out fully and effectively all the purposes of sections 103.003 to 103.175. ­­-------- (L. 1992 H.B. 1574 § 1 subsec. 2)