Kehoe signs Special Session legislation into law

JEFFERSON CITY, Mo. (News-Press NOW) -- Governor Mike Kehoe signed three Special Session Legislation into law over the weekend.
The legislation contained disaster and property tax relief, economic development and business retention and budget initiatives.
"We are proud of how the General Assembly came together during this special session to deliver real results for Missourians," said Gov. Kehoe. " We called legislators back to Jefferson City because the stakes were too high to wait- families and communities needed disaster relief, taxpayers deserved certainty, and critical job-saving investments were on the line. Without action, thousands of Missourians would have been left without much-needed support, and the state would risk losing jobs and economic development opportunities that are key drivers for growth- not just for Kansas City, but for our entire state. These investments demonstrate that Missouri is committed to taking care of our own, staying competitive, and backing initiatives that secure long-term economic stability for our communities."
SB 1 appropriates $25 million in extraordinary support to the Missouri Housing Development Commission to provide additional emergency aid to low-income households impacted by severe weather.
It also allocates $100 million to the Department of Public Safety for disaster relief and $50 million to the Department of Higher Education and Workforce Development for the University of Missouri for the planning, design and construction of the Radioisotope Science Center at the University of Missouri Research Reactor.
SB 3 ensures Missouri remains competitive in retaining major sports teams, while also delivering targeted tax relief for storm-impacted Missourians and supporting long-term economic growth.
The legislation includes provisions like the Show-Me Sports Investment Act, tax credits for homestead damage, Tax credits for certain sporting events and certain property tax credits, allowing certain counties to ask voters whether to freeze or cap real property tax increases.
SB 4 streamlines the delivery of disaster housing relief by allowing the immediate transfer of emergency aid to the Missouri Housing Development Commission when the Governor requests a presidential disaster declaration.
The legislation also expands existing program eligibility from 50% to 75% of median household income and removes administrative burdens and costs to expedite aid for Missouri families.