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Missouri Establishes Angel Investment Incentive Act Providing Tax Credits for Qualified Businesses

Original title: TAX CREDITS TO QUALIFIED BUSINESSES

Last action · February 26, 2026: Reported Do Pass (H)Sponsor: Sherri Gallick

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

The General Assembly creates the Missouri Angel Investment Incentive Act, allowing a 40% to 50% state tax credit for investors who make cash investments in qualified Missouri knowledge-based companies starting January 1, 2027. The measure sets annual statewide credit caps, limits credits per investor, and imposes reporting and compliance rules managed by the Department of Economic Development and the Missouri Technology Corporation.

Why it matters

Investors receive state tax credits against income taxes for funding early-stage local businesses, while participating companies must meet strict operational criteria and face s or loss of designation if they relocate outside Missouri within ten years.

Background
  • The General Assembly is the state legislature of Missouri, responsible for enacting state laws and appropriations. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Investors

Investors can claim state income tax credits of 40% to 50% on cash investments made in qualified Missouri businesses, subject to annual caps and carry-forward rules.

Directly affected

Qualified Missouri Businesses

Eligible early-stage companies must apply to the MTC, maintain annual reporting compliance, and adhere to geographic and operational restrictions to participate.

Directly affected

Department of Economic Development

The department is authorized to issue tax credits to investors and cooperate with the MTC on administrative rules and reports.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who is eligible to receive the tax credits under this act?
Natural persons or permitted entity investors who make a cash investment in of an approved qualified Missouri business and who qualify as s or under the federal JOBS Act, excluding executives, officers, or employees of the investee business.
What happens if a qualified business relocates outside of Missouri?
A business may lose its designation as a qualified Missouri business if it moves its headquarters or a substantial number of its jobs outside Missouri within 10 years of receiving financial assistance, barring certain acquisition exceptions, and is subject to s.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

8 actions
  1. Feb 26, 2026HouseCommittee
    Reported Do Pass (H)
  2. Feb 25, 2026HouseCommittee
    Voted Do Pass (H)
  3. Feb 25, 2026House
    Executive Session Completed (H)
  4. Feb 18, 2026House
    Public Hearing Completed (H)
  5. Feb 12, 2026HouseCommittee
    Referred: Commerce(H)
  6. Jan 8, 2026HouseFloor
    Read Second Time (H)
Show 2 earlier actions
  1. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  2. Dec 1, 2025HouseIntroduced
    Prefiled (H)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Establishment of Angel Investment Tax Credits

The bill introduces targeted tax credits to incentivize early-stage investments in knowledge-based and rural enterprises with a defined sunset date of December 31, 2033.

Connected Entities

Missouri Technology Corporation, Department of Economic Development, Sherri Gallick
OrganizationMissouri Technology Corporation“Corporation established under section 348.251 tasked with approving qualified Mi”Map →
OrganizationDepartment of Economic Development“State department authorized to issue tax credits and coordinate with the MTC.”Map →
PersonSherri Gallick“Representative for District 062 who introduced House Bill 1845.”Map →

Sources

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy35
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz45
    Current news / social attention level

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