Modifies provisions relating to business investment incentives

SB 802 creates the Missouri Rural Access to Capital Act to provide tax incentives for businesses investing in rural areas of the state. The bill establishes a system where investors can receive tax credits if they fund eligible businesses, which are defined as companies with fewer than 250 employees operating in specific sectors like agriculture, manufacturing, and healthcare. To qualify for these credits, the invested funds must be used to make loans or equity investments in these local businesses, and the businesses must maintain or create jobs and revenue levels relative to their previous performance. The program is administered by the Missouri Department of Economic Development, which certifies investments and oversees the distribution of tax benefits to encourage capital flow into rural communities.