JEFFERSON CITY, Mo. – The Missouri Department of Agriculture thanks Governor Mike Parson for his leadership and support of agriculture, the state’s top economic driver. His decision today [July 1, 2022] shows a long-term commitment to rural communities and the agribusinesses that will benefit from a more realistic term for the value-added tax programs under the Missouri Agricultural and Small Business Development Authority.
“A two-year term for the MASBDA value-added agriculture tax credit programs was going to be a barrier for Missouri businesses and rural communities,” said Missouri Agriculture Director Chris Chinn. “Thank you to Governor Parson for recognizing the impact a short-term solution would create and instead seeing the economic growth that will result from long-term opportunities. We appreciate the Governor’s leadership and support of the agriculture industry and look forward to the results a Special Session will provide for rural Missouri.”
For more information about the Missouri Department of Agriculture and its programs, visit the Department online at Agriculture.Mo.Gov.
— Missouri Department of Agriculture