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Missouri House Bill 1659 Creates Grant Program for Businesses Converting to Produce Strategic Materials

Original title: CONVERTING A BUSINESS TO PRODUCE CERTAIN STRATEGIC MATERIALS

Last action · April 1, 2026: Reported Do Pass (H)Sponsor: Mike Steinmeyer

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Missouri House Bill 1659 establishes a grant program within the Department of Economic Development to provide up to $1 million per to qualified companies that convert their facilities to produce critical defense and energy materials. The legislation requires businesses to invest a minimum of $500,000 in private capital and complete their conversion plans within 24 months. Additionally, the bill creates the Missouri Defense and Energy Independence Fund, capped at $10 million annually in appropriations, and sets a 10-year sunset date for the program.

Why it matters

Local businesses undertaking facility conversions to manufacture essential minerals or chemicals can access up to $1 million in state grants, provided they meet minimum capital investment thresholds and compliance standards.

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

Qualified companies

Eligible businesses can apply for state grants up to $1 million for facility conversions, provided they meet minimum capital investment and conversion timeline requirements.

Directly affected

Department of Economic Development

The department is tasked with establishing application procedures, evaluating proposals, administering grant awards, promulgating rules, and submitting an annual report to the General Assembly.

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

What qualifies a business to receive a grant under this bill?
A business must be headquartered or registered in Missouri, complete a verified conversion of its facilities to produce , incur a minimum private capital investment of $500,000, and certify compliance with state labor, environmental, and tax laws.
What happens if a company fails to complete its conversion on time?
If a company fails to complete the approved conversion within the established timeframe of up to 24 months or fails to meet department requirements, it must repay the entire amount or a proportionate amount of the awarded moneys.

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

12 actions
  1. Apr 1, 2026HouseCommittee
    Reported Do Pass (H)
  2. Mar 26, 2026HouseCommittee
    Voted Do Pass (H)
  3. Mar 26, 2026House
    Executive Session Completed (H)
  4. Mar 4, 2026HouseCommittee
    Referred: Rules - Legislative(H)
  5. Feb 25, 2026HouseCommittee
    HCS Reported Do Pass (H)
  6. Feb 24, 2026HouseCommittee
    HCS Voted Do Pass (H)
Show 6 earlier actions
  1. Feb 24, 2026House
    Executive Session Completed (H)
  2. Feb 10, 2026House
    Public Hearing Completed (H)
  3. Feb 5, 2026HouseCommittee
    Referred: Higher Education and Workforce Development(H)
  4. Jan 8, 2026HouseFloor
    Read Second Time (H)
  5. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  6. 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

Connected Entities

Mike Steinmeyer, United States Department of Defense, General Assembly and 3 more
PersonMike Steinmeyer“Representative for District 020 who introduced House Bill 1659”Map →
OrganizationUnited States Department of Defense“Federal agency consulted for designating strategic materials”Map →
OrganizationGeneral Assembly“The 103rd General Assembly of Missouri”Map →
OrganizationDepartment of Economic Development“State department tasked with administering the grant program”Map →
OrganizationMissouri Defense and Energy Independence Fund“Dedicated fund created in the state treasury”Map →
OrganizationUnited States Department of Energy“Federal agency consulted for designating strategic materials”Map →

Sources

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy25
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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