Missouri · 2026 Regular Session · Bill
SB 1406: Establishes the Missouri Defense and Energy Independence Act
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1406 is a bill introduced in the Missouri Senate on December 4, 2025. According to its official title, it concerns: Establishes the Missouri Defense and Energy Independence Act. Primary sponsor: Mike Henderson (Republican). Most recent recorded action (February 24, 2026): Hearing Cancelled S Commerce, Consumer Protection, Energy & the Environment Committee.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
SB 1406 - This act establishes the "Missouri Defense and Energy Independence Act". For all tax years beginning on or after January 1, 2027, this act authorizes a qualified company to claim a tax credit not to exceed $6 million for qualified conversion costs incurred by the qualified company for converting such company to produce chemicals, metals, gases, or rare earth minerals that will be used for projects designed to decrease or eliminate reliance on foreign-produced materials. Tax credits authorized by the act shall be issued to a qualified company in four equal annual installments. Tax credits shall not be refundable or carried forward, and shall not be transferred, sold, or assigned. This act also establishes the "Grants for Independence from Foreign Influence Fund", which shall consist of at least $10 million in appropriated moneys. The fund shall be used by the Department of Economic Development to provide grants to qualified companies in an amount not to exceed $500,000. Grant funds shall be used solely for qualified conversion costs incurred before the completion of the conversion of the qualified company. This act shall sunset on August 28, 2032, unless reauthorized by the General Assembly. This act is identical to SB 537 (2025) and HB 1511 (2025), and is substantially similar to SS/SB 1553 (2026), HB 3027 (2026), SB 1360 (2024), and HB 1834 (2024), and to a provision in HCS/HB 1935 (2024). JOSH NORBERG
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Henderson | Primary sponsor | Republican | Senate | 3 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Hearing Cancelled S Commerce, Consumer Protection, Energy & the Environment Committee
- Second Read and Referred S Commerce, Consumer Protection, Energy & the Environment Committee
- S First Read
- Prefiled