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The Missouri Pro-Entrepreneurship & AI Workforce Act (MO-AI-Workforce)

Missouri state companion to AI Workforce. Builds on Mo. Rev. Stat. Ch. 351 (Corporations), Mo. Rev. Stat. Ch. 143 income-tax credits, and the Missouri Department of Economic Development.

THE MISSOURI PRO-ENTREPRENEURSHIP & AI WORKFORCE ACT (MO-AI-WORKFORCE)

Vehicle: State passage. Missouri General Assembly, regular session. Primary referral to House / Senate Economic Development / Ways and Means.

SECTION 1. SHORT TITLE

This Act may be cited as the “Missouri Pro-Entrepreneurship & AI Workforce Act (MO-AI-Workforce).”

SECTION 2. LEGISLATIVE FINDINGS AND INTENT

The General Assembly finds that Mo. Rev. Stat. Ch. 351 governs corporations; that Mo. Rev. Stat. Ch. 143 contains income-tax credits; that the Missouri Works Program operates under Mo. Rev. Stat. Sec. 620.2000 et seq.; that the Missouri One Start program operates under Mo. Rev. Stat. Sec. 620.800 et seq. to provide workforce training; that the Missouri Technology Corporation operates under Mo. Rev. Stat. Sec. 348.251; and that the Missouri Department of Economic Development administers incentives. This Act extends these frameworks.

TITLE I — DEFINITIONS & COORDINATION WITH MISSOURI LAW

Sec. 101. Definitions

  1. (a) “Qualified Missouri AI Workforce Training” means training toward a MORMC or Federal FRAC in AI fields.
  2. (b) “Missouri Innovation Sandbox” means a regulatory sandbox under Title III.
  3. (c) “Qualified small business” has the meaning given in Mo. Rev. Stat. Ch. 351.

Sec. 102. Coordination with Existing Missouri Law

  1. (a) Consistent with:
  • Mo. Rev. Stat. Ch. 351 (corporations).
  • Mo. Rev. Stat. Ch. 143 (income tax).
  • Mo. Rev. Stat. Sec. 620.2000 et seq. (Missouri Works).
  • Mo. Rev. Stat. Sec. 620.800 et seq. (Missouri One Start).
  • Mo. Rev. Stat. Sec. 348.251 (Missouri Technology Corporation).

TITLE II — MISSOURI AI WORKFORCE TRAINING CREDIT

Sec. 201. Income-Tax Credit

  1. (a) A new credit is added to Mo. Rev. Stat. Ch. 143 for qualified AI workforce training expenditures.
  2. (b) Coordinated with federal IRC Sec. 45BB; aggregate cap.
  3. (c) Credit equals 30% of eligible expenditures capped at $3,000 per employee / $150,000 per employer annually.
  4. (d) Missouri Department of Revenue administers.

Sec. 202. Coordination with Missouri One Start

  1. (a) Missouri One Start shall publish a list of qualifying MORMC and Federal FRAC pathways.

TITLE III — MISSOURI INNOVATION SANDBOX

Sec. 301. Establishment

  1. (a) The Missouri Department of Economic Development, in coordination with the Missouri Technology Corporation, shall operate a Missouri Innovation Sandbox under the Missouri Regulatory Sandbox Act (Mo. Rev. Stat. Ch. 620).
  2. (b) Twenty-four-month terms; renewable.

Sec. 302. Scope

  1. (a) Covers state-licensed activities in occupational-licensure boards under Mo. Rev. Stat. Title XXII and financial-institution activities under Mo. Rev. Stat. Title XXIV, to the extent not preempted.

TITLE IV — SMALL-BUSINESS FORMATION

Sec. 401. Expedited Formation Pathway

  1. (a) The Secretary of State shall implement an expedited formation pathway for Mo. Rev. Stat. Ch. 351 entities within 24 hours.

Sec. 402. Single-Portal Licensing

  1. (a) Missouri.gov business services shall operate a single-portal licensing system for state-level occupational licenses under Mo. Rev. Stat. Title XXII.

TITLE V — IMPLEMENTATION & GENERAL PROVISIONS

Sec. 501. Severability

If any provision is held invalid, the invalidity shall not affect the remainder.

Sec. 502. Effective Date

This Act shall take effect August 28 of the year following enactment, except that Sec. 201 shall apply to tax years beginning on or after January 1 of that year.

Canonical federal version: AI Workforce. Other Missouri bills: MO-ACSA, MO-MEWRA, MO-GT&P.