Missouri Legislature Public Policy

Senator Lager Introduces $75 Million Cap on Missouri Historic Rehab Tax Credit

by Michael R. Allen

At around 4:30 p.m., Senator Brad Lager (R) introduced a substitute to SB 45 that would cap the Missouri historic rehab tax credit at $75 million. Floor debate is proceeding with Senators Jeff Smith and Rita Days on the floor now speaking about the success of the program.

UPDATE at 5:50 p.m.: The Senate has moved on to the education bill. The majority pulled SB 45 from further consideration.

Listen to floor debate here here.