Missouri § 135.401 Community development fund, creation, administration by department of economic development, expenditures.

Missouri Statutes

§ 135.401 — Community development fund, creation, administration by department of economic development, expenditures.

Missouri § 135.401

Title XTAXATION AND REVENUE

Ch. 135Tax Relief

This text of Missouri § 135.401 (Community development fund, creation, administration by department of economic development, expenditures.) 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. § 135.401 (2026).

Text

There is hereby created in the state treasury a revolving fund to be administered by the department of economic development to be known as the "Community Development Fund".  The fund shall consist of all moneys which may be appropriated to it by the general assembly, gifts, contributions, grants or bequests received from federal, private or other sources.  Moneys in the fund shall be used for the programs and activities implemented by community development corporations to stimulate economic development in neighborhoods or communities.  Notwithstanding the provisions of section 33.080 , money in the fund at the end of any biennium shall not be transferred to the general revenue fund.

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There is hereby created in the state treasury a revolving fund to be administered by the department of economic development to be known as the "Community Development Fund". The fund shall consist of all moneys which may be appropriated to it by the general assembly, gifts, contributions, grants or bequests received from federal, private or other sources. Moneys in the fund shall be used for the programs and activities implemented by community development corporations to stimulate economic development in neighborhoods or communities. Notwithstanding the provisions of section 33.080 , money in the fund at the end of any biennium shall not be transferred to the general revenue fund.