Meet HB 327, which “modifies provisions of certain Department of Economic Development programs.”
This is yet another Missouri legislature bill in which one finds the Distressed Areas Land Assemblage Tax Credit. When in doubt, place your language in as many bills as possible — especially those that other people want for less controversial reasons. The difference is that this bill has proceeded to joint conference today, and has seen a lot of action in the Senate and House, making it the most likely avenue of passage for the large-scale landbanking tax credit.
St. Louisans on the joint committee are Sen. Harry Kennedy and Rep. Fred Kratky.
More later.