Angel Investment

Tax Credits
8:59 pm
Thu March 6, 2014

Missouri House Passes 'Angel Investment' Tax Credit

Marshall Griffin/St. Louis Public Radio

The Missouri House has passed legislation to create tax incentives to lure wealthy high-tech investors to the Show-Me State.

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Politics & Issues
5:35 am
Wed January 29, 2014

Tax Cut Proposal Passes Mo. House Committee; Testimony Heard On Tax Credit Package

The Mo. House Ways and Means Committee, shortly before passing HB1253 by a 9-6 vote.
Marshall Griffin/St. Louis Public Radio

Tax cuts and tax credits were the center of attention at hearings conducted by two Missouri House committees Tuesday night.

First, the House Ways and Means Committee approved this year’s attempt to cut taxes.  House Bill 1253, or the Broad-Based Tax Relief Act of 2014, would tie the state’s income tax rate for business owners to economic growth, dropping the tax rate by 10 percent each year if certain conditions are met, with the ultimate goal of cutting taxes by 50 percent. 

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Tax credits
10:19 pm
Wed February 27, 2013

Angel Investment Tax Credit Measure Being Considered By Mo. Senate Committee

Kansas City Mayor Sly James, flanked by two Mo. House Members, testified in favor of Angel Investment tax credits at a House hearing earlier this month. Today he testified before a Mo. Senate committee in support of that chamber's version of the bill.
Marshall Griffin/St. Louis Public Radio

Supporters of creating a so-called “Angel Investment” tax credit in Missouri testified in favor of legislation Wednesday before a State Senate committee.

Senate Bill 91 would provide incentives to wealthy investors, dubbed “Angels,” who are looking for start-up opportunities, preferably in high-tech and Internet-based businesses.  Kansas City Mayor Sly James was one of several witnesses hoping to persuade committee members to approve the bill.

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