Chapter 100 of the Revised Statutes of Missouri

Tax abatement authorized under Chapter 100 of the Revised Statutes of Missouri authorizes cities, counties, towns, and villages to issue industrial development bonds to finance projects for private corporations, partnerships, and individuals. These bonds are used to finance the costs of warehouses, distribution facilities, and the like. This qualifies as tax abatement because the local government entity holds title to the property, develops it, and leases it to a business; property owned by government entities is exempt from taxation.

See Economic Development for more information.