Modifies provisions of the urban farm tax credit to include certain specialty crop farms located in a food desert and establishes a tax credit for grocery stores in a food desert

HB 1468 modifies Missouri's urban farm tax credit to include small-scale specialty crop farms in rural food deserts and adds a new tax credit for these farms. It provides a 50% tax credit on eligible farm improvement costs (up to $10,000 annually after 2025), limited to farms under 30 acres growing at least three specialty crops (like fruits/vegetables) on half their land in designated food deserts. The credit has annual caps ($200,000 pre-2026, $1.5 million each for urban/specialty farms post-2026) and expires in 2028 unless renewed. It directly affects qualifying farmers in food deserts, not grocery stores, with specific definitions for "food desert" and "specialty crop" in the bill.