Modifies provisions of the "Missouri Empowerment Scholarship Accounts Program" tax credit

This bill modifies Missouri's tax credit program for contributions to educational assistance organizations (EAOs). It allows taxpayers to claim a 100% credit for donations made after August 2021, capped at 50% of their state tax liability, with an annual $75 million limit adjusted yearly based on school district funding changes. Credits are allocated on a first-come, first-served basis, and taxpayers cannot designate specific students for scholarships. The law directly affects donors to EAOs and the organizations themselves, ensuring credits are used within the annual cap without transferability or refunds.