Section 620.6012

Title XL ADDITIONAL EXECUTIVE DEPARTMENTS

Chapter 620

Effective - 28 Aug 2026, see footnote   

  620.6012.  Missouri innovation zone public safety fund, purpose — use of moneys — rules. — 1.  There is hereby established the "Missouri Innovation Zone Public Safety Fund" for the purpose of reinvesting a portion of net-new state economic activity generated within a certified Missouri innovation zone into public safety, public infrastructure, and related improvements that support sustained vitality.

  2.  (1)  The Missouri innovation zone public safety fund shall consist of moneys appropriated by the general assembly, amounts transferred or credited to the fund as provided in this section, and any gifts, grants, contributions, or other moneys received from any public or private source for the purposes of this section.

  (2)  Subject to the exclusions set forth in this section, the Missouri innovation zone public safety fund shall receive fifty percent of the net-new state revenue generated within a certified Missouri innovation zone that would otherwise be deposited into the state general revenue fund.

  (3)  Moneys deposited or transferred to the Missouri innovation zone public safety fund shall be segregated and held separately from general revenue for the purposes of this section.

  (4)  Moneys deposited or transferred to the Missouri innovation zone public safety fund shall be accounted for separately for each certified Missouri innovation zone and by revenue source, including separate accounting for state sales tax and state income tax withholdings revenues.  The amount of each such revenue source attributable to each certified Missouri innovation zone shall be certified annually.

  (5)  For purposes of distribution under this subdivision, moneys in the Missouri innovation public safety fund shall be allocated and distributed, subject to appropriation, among certified Missouri innovation zones on a pro rata basis according to each zone's respective share of the aggregate net-new state revenue credited to the fund for such fiscal year.

  3.  (1)  This section shall not be construed to authorize the deposit or transfer of any portion of net-new state revenue to the Missouri innovation zone public safety fund to the extent such portion of net-new state revenue is otherwise captured under any other provision of law, including:

  (a)  A district designated as a super tax increment financing district, as defined by the department, whether such a district exists at the time of Missouri innovation zone certification or is created thereafter;

  (b)  A district, redevelopment area, or redevelopment project area designated under the Missouri Downtown Economic Stimulus Authority Act (MODESA), or the downtown revitalization preservation program established under sections 99.1080 to 99.1092, whether such a district exists at the time of Missouri innovation zone certification or is created thereafter;

  (c)  A tourism infrastructure project established under section 99.585;

  (d)  An advanced industrial manufacturing zone established under section 68.075;

  (e)  An entertainment district established under section 67.1505; or

  (f)  Any other district, zone, project, or program that captures any portion of the same net-new state revenue that would otherwise be deposited to the Missouri innovation zone public safety fund under this section.

  (2)  The limitations under subdivision (1) of this subsection shall apply only to the specific portion and source of net-new state revenue that is otherwise captured, retained, credited, deposited, transferred, allocated, appropriated, or distributed under another provision of law.  Overlap with an area listed in subdivision (1) of this subsection shall not, by itself, exclude that area of a certified Missouri innovation zone from participation in the Missouri innovation zone public safety fund.

  (3)  Any remaining portion of net-new state revenue not otherwise captured under another provision of law shall be deposited into the Missouri innovation zone public safety fund in accordance with this section.

  4.  (1)  Moneys remitted under this section shall be deposited into a dedicated local fund or account established by the participating city for the applicable certified Missouri innovation zone.

  (2)  The executive branch shall have authority to allocate and direct the use of such moneys, subject to the eligible uses set forth in sections 620.6000 to 620.6033 and consistent with the master plan.

  (3)  Moneys remitted under this section shall be used solely for the benefit of the certified Missouri innovation zone from which such revenues were generated.

  (4)  All moneys remitted and expended under this section shall remain subject to generally applicable state and local accounting, auditing, and public finance laws.

  5.  (1)  Moneys remitted from the innovation zone public safety fund shall be used for capital or operating expenditures related to public safety and public realm improvements within the certified Missouri innovation zone including, but not limited to:

  (a)  Police services and law enforcement staffing;

  (b)  Lighting, cameras, and surveillance systems;

  (c)  Wayfinding and signage;

  (d)  Sidewalks, streets, crosswalks, and traffic-calming improvements;

  (e)  Landscaping, trees, and plazas;

  (f)  Stabilization, remediation, demolition, or redevelopment preparation of real property;

  (g)  Maintenance or operations directly related to public safety or infrastructure;

  (h)  Other public safety or public infrastructure improvements consistent with the purposes of this section.

  (2)  Of the moneys remitted to the Missouri innovation zone public safety fund under this section, not less than forty percent shall be used for public safety purposes and not less than forty percent shall be used for public infrastructure purposes authorized under this section.

  (3)  Moneys used for police services under this section shall be limited to sworn law enforcement officers or duly authorized law enforcement agencies and shall not include private security or nonlaw enforcement personnel acting in a public safety capacity.  Moneys remitted under this section shall supplement and not supplant existing public safety funding obligations of the certified Missouri innovation zone.

  (4)  Moneys used for public infrastructure purposes under this section shall be distributed in a reasonably balanced manner throughout the certified Missouri innovation zone and, where consistent with the purposes of this section, in a manner that improves connectivity among blocks, corridors, public spaces, and adjoining areas; promotes walkability and public safety; and supports the creation of a cohesive and vibrant community.

  6.  (1)  The department of revenue shall, within one hundred twenty calendar days following the close of each fiscal year, calculate the amount of net-new state revenue attributable to each certified Missouri innovation zone established.

  (2)  Upon such calculation, the state treasurer shall transfer the applicable funds to the innovation zone public safety fund subaccount designated for the participating city.  Disbursements from the Missouri innovation zone public safety fund shall be made subject to appropriations.

  (3)  Participating cities shall not be required to submit an application for, subject to appropriations, receipt of funds under this section.  Receipt of funds shall occur automatically upon certification and verification of net-new revenues as provided herein.

  (4)  Any funds not expended during a fiscal year shall remain in the segregated account and may be carried forward for use in subsequent fiscal years for authorized purposes.

  (5)  The department may audit expenditures of Missouri innovation zone public safety fund moneys in compliance with this section.  Such audit authority shall be limited to verifying that expenditures are for authorized purposes.

  (6)  Funds allocated to a participating city shall not be commingled with the city's general revenue and shall be maintained in a separately accounted fund or subaccount.

  7.  The department shall promulgate all rules necessary to implement this section, provided that such rules are consistent with and reasonably necessary to carry out the purposes, structure, and operative provisions of sections 620.6000 to 620.6033.  In promulgating such rules, the department shall consult with the department of revenue to the extent necessary for the administration of this section.  Any rule or portion of a rule, as that term is defined in section 536.010, that is created under the authority delegated in this section shall become effective only if it complies with and is subject to all of the provisions of chapter 536 and, if applicable, section 536.028.  This section and chapter 536 are nonseverable and if any of the powers vested with the general assembly pursuant to chapter 536 to review, to delay the effective date, or to disapprove and annul a rule are subsequently held unconstitutional, then the grant of rulemaking authority and any rule proposed or adopted after August 28, 2026, shall be invalid and void.

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(L. 2026 H.B. 3231 & 2531)