Missouri Coalition for Historic Preservation and Economic Development

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ST. LOUIS BUSINESS JOURNAL 3-26-2010

Categories: | Author: Anna Ginsburg | Posted: 3/28/2010 | Views: 504
by Lisa R. Brown

Study: Missouri tax credits spurred $2.9 Billion  in investment.

A study released this week found that Missouri’s historic tax credit program spurred $2.9 billion in private investment from 2000 to 2009, and either saved or created 43,150 jobs.

The study found that Missouri issued nearly $832 million in historic tax credits from 2000 through 2009.

Missouri has received an estimated $161,974,950 in sales/use tax revenue and $394,802,307 in income taxes from economic activity associated with historic tax credits since 2000, for an estimated total of more than $669.8 million, the study reports

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