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Bill

HB 1715

Establishes tax incentives in relation to workforce and disaster recovery housing

2026 Regular Session Introduced by Greg Sharpe

Missouri bill creates tax incentives for private developers building workforce and disaster recovery housing to increase supply and offset project costs.

Referred: Emerging Issues(H)
#economicdevelopment #departmentof #housing #taxcredits #taxincentives
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Bill Summary · HB 1715

Legislative bill overview

HB 1715 creates tax incentives to encourage business investment in workforce housing and disaster recovery housing projects in Missouri. The bill aims to use tax breaks as a financial tool to stimulate private sector participation in addressing housing shortages related to employment needs and post-disaster reconstruction efforts.

Why is this important

Housing affordability and availability directly affect workforce recruitment and retention for employers, as well as community recovery following natural disasters. Tax incentives can lower development costs and improve project profitability, potentially accelerating housing construction in underserved areas, though the state will forgo tax revenue during the incentive period.

Potential points of contention

  • Tax revenue impact: The bill reduces state tax collections, raising questions about whether forgone revenue is justified by actual housing production or if it primarily benefits developers
  • Definition clarity: Terms like "workforce housing" and "disaster recovery housing" may be too broad or narrowly defined, affecting which projects qualify and potential for abuse or unintended exclusions
  • Geographic equity: Incentives may concentrate development in certain regions while neglecting others, or primarily benefit areas that would develop housing anyway without subsidies

Compiled from official sources — confirm details with the bill’s official record.

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