Authorizes incentives for downtown redevelopment
Committee hearing: it can still change before the session ends.
- Stage
- Committee hearing
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Apr 22, 2026
What it does
SB 1688 - This act establishes the "Missouri Downtown and Rural Economic Stimulus Act Extension Act" (MODESAEA).\r \r \tThe act provides that provisions of expired law establishing the Missouri Downtown Rural Economic Stimulus Act (MODESA) are extended.\r \r \tThe act allows development areas and development project areas approved under both MODESAEA and MODESA to be modified. Any debt obligations issued to carry out a development project shall be extended to thirty-five years. One hundred percent of payments in lieu of taxes and eighty-five percent of economic activity taxes generated in relation to an expanded development project shall be used each year of the approved term to support…
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money in Missouri.