Right Start Act would incentivize entrepreneurship, job creation

The Missouri Chamber testified at a Senate Committee hearing Tuesday in favor of the Right Start Act. Proposed by Rep. Travis Fitzwater (R-Holts Summit), HB1590 would incentivize entrepreneurship and job creation by establishing an income tax credit for the first three years of a new company’sĀ incorporation. The most recent Show Me Jobs report found that startups created 80% of all new jobsĀ in Missouri in 2020, making this a smart economic investment proposal for the state.