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Missouri Revitalization: Governor Kehoe Signs HB 3231 to Transform Downtown St. Louis
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Missouri Revitalization: Governor Kehoe Signs HB 3231 to Transform Downtown St. Louis
Missouri Governor Mike Kehoe has signed House Bill 3231 into law, officially enacting the landmark Missouri Innovation, Public Safety, and Accountability Act. Designed to counter high commercial vacancy rates and spark metropolitan redevelopment, the new law introduces aggressive financial mechanisms, including a 30% office-to-residential conversion tax credit and the framework for dedicated urban Innovation Districts. This legislation directly …
·Missouri, United States
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