Authorizes a tax on the endowments of qualifying institutions of higher education and a corresponding endowment tax revenue trigger to income tax rates

HB 2114 proposes a new tax on the endowments of Missouri institutions of higher education that are affiliated with abortion facilities, offer abortion training residencies, or support abortion services. The bill establishes a progressive tax rate structure applied to the taxable income generated by these specific endowments, with rates increasing as income levels rise. A unique feature of the legislation is a revenue trigger mechanism that allows the top tax rate to be reduced in future years if the state collects significantly higher net general revenue than in previous years. This measure directly targets private funding sources used by certain colleges and universities involved in reproductive healthcare services.