Missouri Tax Credit News Archives

Blog Archives

Governor's Commission for evaluating Missouri tax credits is Blasted! - July 23, 2010

Follow the link below to read why tax credit supporters in Missouri are blasting the Governor's newly named commission.

http://www.bizjournals.com/stlouis/stories/2010/07/19/daily75.htm

Missouri uses delay tactics in issuing tax credits - July 21, 2010

Governor Nixon couldn't get his way in trying to obliterate Missouri tax credits, so he is trying to use administrative means to create uncertainty and delay tactics to destroy the programs. Follow t

Excerpt from the Coalition for Historic Preservation and Economic Development - July 16, 2010

We thought you would find the following excerpt from a recent e-mail of interest.

Dear Coalition Members,
It has recently been brought to our attention and confirmed that the Depart

Missouri income tax refunds - the new law - July 13, 2010

Governor Nixon has signed a bill which shortens the time that the Department of Revenue can take to process income tax refunds without having to pay interest. The new legislation moves the time from

The latest on Missouri tax credits - June 18, 2010

If the governor can't get his way with the Missouri legislature with respect to Missouri tax credits, he is going to use administrative methods to rein in Missouri tax credits. Governor Jay Nixon ann

Missouri Land Assemblage Tax Credits - May 17, 2010

In 2009, a citizens group in St. Louis mounted a legal challenge to the Missouri Distressed Area Land Assemblage Tax Credit. A judge ruled against the group in April. However, the group filed a noti

Missouri Tax Credits - No change - May 17, 2010

It's official. The Missouri legislative session came to end without passing any legislation adversely impacting Missouri tax credits. Those of us active in the Missouri tax credit business have live

Missouri Historic Tax Credits - final days of the legislative session - May 12, 2010

We are nearly to the end of the legislative session. As always, a lot of things can happen in the final hours. The heavy emphasis on Missouri historic tax credit legislation makes this of particular

The latest from the Missouri Legislature on Tax Credit Reform - May 05, 2010

A new bill impacting Missouri Historic tax credits and Missouri low income housing tax credits was to be heard in the House Job Creation and Economic Development committee meeting last evening. Key p

Missouri tax credts, where are we headed? Our rant. - May 03, 2010

It seems like there is an article in the newspaper every day concerning the future of Missouri tax credits. Opponents contend that Missouri tax credits need to be reined in. Their belief is that we

Land Assemblage Tax Credits - A Court Victory - April 01, 2010

Last year, a group of St. Louis citizens filed suit asserting that the Missouri Land Assemblage Tax credit law enacted by the Missouri Legislature was unconstitutional. On March 31, 2010, Judge Cole

Historic Tax credit support - March 08, 2010

The historic tax credit program is under constant attack in Missouri. The budget is in bad shape and legislators are looking for programs to cut. Before such a move is made, they should consider the

Feb 19, 2010 MHDC meeting - February 19, 2010

Today I attended the MHDC meeting in Jefferson City. As is customary, the house was packed with developers, syndicators, bankers, etc. All were waiting for the ratification of the 2010 Rental Produc

Missouri tax credits and the Legislature - February 12, 2010

On February 11, 2010, I attended a reception for the House Republican Campaign Committee. The HRCC and their guests have been ardent supporters of the Missouri State Historic Tax Credit and are our s

MHDC Tax Committee - February 09, 2010

Today, February 9th, 2010 the MHDC tax committee is meeting in St. Louis. The purpose of the meeting is to hear the consultants report with respect to the certification of Missouri low income housing

The legislative dance begins - February 05, 2010

As expected, the Missouri legislature had begun its annual ritual of trying to restrict the Missouri historic tax credit program. After just instituting a cap of $140 million of Missouri historic tax

a new type of tax credit - January 06, 2010

Missouri just issued its first land assemblage tax credit. Lisart Capital is proud to have purchased a significant portion of this first issuance. The Missouri Land Assemblage tax credit will be iss

Preserve Missouri Award - December 22, 2009

Congratulations to Foutch Brothers and the entire team involved in the restoration of the historic Mead building (aka The Paper Lofts) in St. Joseph, Missouri. The project has won a Preserve Missouri

Upcoming historic tax credit conference - December 16, 2009

March 3-5 Reznick Group will hold its national historic tax credit conference in Washington DC. They haven't held the historic tax credit conference in two years, but the past historic tax credit con

2009 Missouri Preservation Conference - November 05, 2009

On November 4, 2009 the Missouri Preservation conference kicked off with an all day workshop on Advanced Missouri Tax credit workshop.  The session was intended for experienced Missouri tax credit and

Missouri Joint Committee on Tax Policy - October 20, 2009

A lot of us in the Missouri tax credit community thought that the legislation enacted last year capping the Missouri historic tax credits at $140 million per fiscal year would give us some certainty i

How you can use Missouri tax credits on your Missouri income tax return - October 20, 2009

Missouri tax credits are a great tool to use for reducing the cost of satisfying your Missouri tax liability. The Missouri transferable tax credits (Missouri Neighborhood Preservation tax credits, Mi

The cap on Missouri Historic Tax Credits - October 12, 2009

Missouri has enacted a cap with respect to historic tax credits. The cap is first imposed for the second half of the state's fiscal year - January 1, 2009 thru June 30, 2009. It is expected that dev

Tax credit demand - October 09, 2009

Missouri 2008 tax credits are in high demand as the 2008 tax filing season winds down. Individuals use transferable Missouri tax credits, which include Missouri historic tax credits, Missouri brownfi

Change is coming to the Missouri LIHTC program - October 07, 2009

The Missouri state auditor prepared a scathing report as to the inefficiency of the Missouri LIHTC program. The report correctly indicates that the pricing for Missouri low-income housing tax credits

Missouri Preservation Conference - October 07, 2009

The Missouri statewide preservation conference is being held November 4-5 in Independence, Missouri. If you are active with Missouri state and federal historic tax credits in Missouri this conferenc