HB 3204 creates a 70% state tax credit for Missouri taxpayers who contribute $50 or more to certified prevention resource centers, which are entities within the Missouri Department of Mental Health's prevention network. Taxpayers can claim a maximum annual credit of $50,000 per year, with the total statewide credits capped at $2.5 million annually. Unused credits may be carried forward for up to five years, and the program expires six years after enactment unless renewed by the legislature.
SB 1704 would authorize a state tax credit for individuals who adopt certain animals, such as dogs or cats from licensed shelters, reducing their state income tax liability. The credit would directly affect adopters who meet the bill's criteria and are subject to state income tax. Key provisions include defining eligible animals and establishing the credit amount, though specific details are not provided in the abstract. Introduced on February 23, 2026, the bill is currently in its first reading stage with no further legislative action taken.
SB 1678 creates a tax credit for Missouri taxpayers who contribute to approved child care providers or intermediaries (nonprofits distributing funds to providers). The credit covers 75% of eligible contributions, with a minimum of $100 and maximum of $200,000 per year, but only for funds used to support child care for children 12 and under (e.g., facility upgrades, staff training, or quality improvements). Child care providers must apply to the Missouri Department of Economic Development for approval and verify contributions within 60 days, while taxpayers must receive a documented verification to claim the credit. The credit is non-refundable, cannot be transferred, and may be carried forward for up to six years if unused in the initial tax year.
HB 3329 restructures how Missouri administers four economic development funds: the Industrial Development and Reserve Fund, Industrial Development Guarantee Fund, Export Finance Fund, and Jobs Now Fund. It specifies eligible funding sources (like state appropriations, bond proceeds, grants, and repayments), requires funds to be kept separate from state treasury money, and mandates that $12 million annually be allocated to the Jobs Now Fund from increased state revenue. The bill directly affects businesses applying for loans or grants through these funds and economic development agencies managing them. Key provisions include rules for fund investments, separate account creation, and the board’s authority to issue revenue bonds and manage disbursements under sections 100.250-100.297.
HB 3526 modifies Missouri's property tax credit program for senior citizens. It creates a credit equal to the difference between a senior's current property tax on their primary home and their tax liability in their "initial credit year," directly affecting Missouri residents aged 65+ (or receiving specific Social Security/veterans benefits) with household income under $75,000 who own their primary residence. Counties must adopt an ordinance or pass a referendum to implement the credit, and the state will reimburse counties for revenue losses. The bill also clarifies how property tax increases from home improvements or annexation affect the credit calculation.
SB 1553 authorizes financial incentives, such as tax credits or grants, for companies producing specific critical materials (e.g., minerals for clean energy technology) and certain pharmaceuticals. It directly affects domestic manufacturers in these sectors by potentially lowering production costs through government support. The bill's key mechanism is creating these targeted financial benefits to encourage increased domestic manufacturing capacity. Currently pending in the Senate Economic and Workforce Development Committee after initial readings.
HB 3101 proposes tax credits for Missouri taxpayers who donate to domestic violence shelters or rape crisis centers. Businesses and individuals can claim a credit equal to 50% of donations before July 1, 2022; 70% from July 1, 2022, through 2025; and 100% for donations to rural facilities starting July 1, 2026. Credits cannot exceed $100,000 annually per taxpayer (adjusted for inflation) or the taxpayer’s state income tax liability, with a $2 million total cap before 2022. The Department of Social Services will classify eligible facilities and manage credit allocation, requiring donors to contribute at least $100 annually to qualify. The bill is currently in the early stages of the legislative process.
HB 3097 creates a 100% state tax credit for Missouri taxpayers who donate to eligible nonprofits running youth police initiatives in urban areas. These initiatives focus on building trust between at-risk youth and local police through structured activities and dialogue. The credit, non-refundable but carryable for up to five years, is capped at $500,000 annually per the state. Taxpayers must contribute to a department-listed entity and provide documentation to claim the credit.
SB 1591 authorizes a tax credit for individuals or businesses that make contributions to prevention resource centers. This bill creates a new financial incentive for donors by allowing them to reduce their state tax liability based on their contributions. It does not specify the type of prevention centers or the credit amount, focusing solely on enabling this tax credit mechanism. The bill is currently in committee review and does not directly affect any specific group beyond potential contributors.
HB 3078 would allow Missouri counties to provide a property tax credit for disabled veterans with a 100% VA disability rating. It applies to primary residences valued at $500,000 or less, covering all local property taxes (except state blind pension fund levies). Counties must opt in via vote, and the credit passes to surviving spouses who remain in the home and don’t remarry. The credit is non-refundable, does not replace other tax relief, and is not an exemption from property taxes.
