Missouri Code of State Regulations
Title 4 - Department of Economic Development
Division 85 - Division of Business and Community
Chapter 5 - Historic Preservation Tax Credit Program
Section 4 CSR 85-5.070 - Compliance with Other Provisions of Law

Universal Citation: 4 MO Code of State Regs 85-5.070

Current through Register Vol. 49, No. 6, March 15, 2024

PURPOSE: This proposed amendment clarifies which applications result in an issuance of tax credits, and adds compliance with section 285.530, RSMo 2016, to the rule, which is required by statute, but inclusion in the rule helps ensure understanding by prospective applicants of its applicability. Deleted section (2) has been moved to 4 CSR 85-5.020(2)(G).

(1) A tax credit certificate issued following the final completion of a project, and submission to the department of a complete final application or an excess tax credits application, shall be in an amount no greater than those costs that are Qualified Rehabilitations Expenditures (QREs), and shall only be issued after the department confirms compliance with all other provisions of law, including but not limited to-

(A) Payment of any issuance fees under section 620.1900, RSMo, or similar provisions;

(B) Payment of any back taxes and penalties under section 135.815, RSMo, or similar provisions; and

(C) Compliance with section 285.530, RSMo, with regard to employment of unauthorized aliens.

Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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