Advanced Manufacturing Recruiting Tax Credit Bill Receives House Approval

The Missouri House has given approval on House Bill 1480, which would give a tax credit of up to 20 percent to companies who invest one-billion dollars and create at least 500 jobs in the state. Representative Cheri Toalson Reisch of Hallsville says the program would have significant oversight.

House Bill 1480 has received support from both Republicans and Democrats. It is sponsored by Republican Representative Brad Christ of St. Louis.