Section 20 Historic Preservation Tax Credits

• Library: Urban Development Subdivisions, and Annexations (2011 Ed.)

From time to time, Missouri has also provided income tax credits for historic preservation activities. Under current enactments found at §§ 253.545–253.559, RSMo 2000 and Supp. 2010, any person or business entity incurring expenses for the rehabilitation of any property used for residential or business purposes may be able to obtain tax credits of 25% of the total amounts expended. Section 253.550.1, RSMo Supp. 2010. After July 1, 2010, total historic perseveration tax credits available are limited to $140...