Missouri § 135.305 Eligibility — amount of tax credit.

Missouri Statutes

§ 135.305 — Eligibility — amount of tax credit.

Missouri § 135.305

Title XTAXATION AND REVENUE

Ch. 135Tax Relief

This text of Missouri § 135.305 (Eligibility — amount of tax credit.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 135.305 (2026).

Text

A Missouri wood energy producer shall be eligible for a tax credit on taxes otherwise due under chapter 143 , except sections 143.191 to 143.261 , as a production incentive to produce processed wood products in a qualified wood-producing facility using Missouri forest product residue.  The tax credit to the wood energy producer shall be five dollars per ton of processed material.  The credit may be claimed for a period of five years and is to be a tax credit against the tax otherwise due.  No new tax credits, provided for under sections 135.300 to 135.311 , shall be authorized after June 30, 2028.  In no event shall the aggregate amount of all tax credits allowed under sections 135.300 to 135.311 exceed six million dollars in any given fiscal year.  There shall be no tax credits authorized

Free access — add to your briefcase to read the full text and ask questions with AI

A Missouri wood energy producer shall be eligible for a tax credit on taxes otherwise due under chapter 143 , except sections 143.191 to 143.261 , as a production incentive to produce processed wood products in a qualified wood-producing facility using Missouri forest product residue. The tax credit to the wood energy producer shall be five dollars per ton of processed material. The credit may be claimed for a period of five years and is to be a tax credit against the tax otherwise due. No new tax credits, provided for under sections 135.300 to 135.311 , shall be authorized after June 30, 2028. In no event shall the aggregate amount of all tax credits allowed under sections 135.300 to 135.311 exceed six million dollars in any given fiscal year. There shall be no tax credits authorized under sections 135.300 to 135.311 unless an appropriation is made for such tax credits.