Budget & Taxes (Tax Credits)

in committee · Missouri · House May 15, 2026

HB 2731: Authorizes a tax credit to offset fees from the adoption of rescue animals

HB 2731 creates a refundable tax credit for Missouri residents who adopt pets from animal shelters. It allows a credit of up to $125 per adoption (capped at two adoptions per year), covering adoption fees and associated medical/administrative costs. Taxpayers must submit a shelter receipt with their tax return, and the total annual credits are limited to $500,000. The credit is forfeited if the adopted animal is returned, abused, sold, or not properly cared for, with the program set to expire after six years unless renewed.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable tax credit ($125/adoption) for adoption fees, reducing tax liability for residents and aligning with tax relief indicators for middle/lower income.95% confidence

Sub-Topics Tax Credits Tax Incentives

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in committee · Missouri · House Apr 29, 2026

HB 2713: Modifies provisions relating to tax credits

HB 2713 creates a 25% tax credit for Missouri meat processing facilities making qualifying modernization or expansion investments (like new equipment, building upgrades, or software). It directly affects small meat processors with fewer than 500 combined employees in Missouri, allowing them to claim up to $75,000 annually in tax credits against their state tax liability. The credit covers expenses for facility improvements, equipment, and technology used exclusively for meat processing, with a total annual cap of $2 million for all claims. The program runs through 2028, requires state authority approval, and mandates verification that facilities actually expanded production within three years.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for small meat processors, reducing tax liability and promoting business investment via targeted tax relief.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · Missouri · House Apr 29, 2026

HB 3095: Modifies a provision relating to a tax credit for new business facilities

HB 3095 modifies tax credit eligibility for new business facilities, specifically affecting headquarters facilities. It extends the cutoff for eligibility from 2031 to 2041 for headquarters facilities to receive incentives under sections 135.100-135.150. The bill also allows headquarters expansions meeting minimum thresholds (25+ new employees and $1 million+ investment) to count as separate new facilities for credit purposes. Additionally, it clarifies that multiple noncontiguous buildings within the same county or municipality count as a single facility for eligibility.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExtends tax credits for business facilities, reducing state tax revenue and weakening budget management.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Economic Development

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in committee · Missouri · House Mar 25, 2026

HB 2672: Establishes the "Missouri Disabled Veterans Personal Property Tax Credit Act", authorizing counties to adopt a personal property tax credit for certain disabled veterans who own up to two motor vehicles

HB 2672 creates the "Missouri Disabled Veterans Personal Property Tax Credit Act," allowing counties to offer a tax credit on personal property taxes for qualifying disabled veterans who own up to two vehicles. The credit equals the veteran's U.S. Department of Veterans Affairs disability rating (up to 100%), directly benefiting Missouri veterans with a 70% or higher service-connected disability rating who reside in adopting counties. Counties must voluntarily adopt the credit via local ordinance, and the credit reduces the veteran's tax bill without changing the vehicle's assessed value or tax rate. Veterans must provide annual proof of disability rating and vehicle ownership, and the credit does not apply to taxes for the blind pension fund. Counties decide whether to implement the credit, with no requirement for statewide adoption.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for disabled veterans, reducing their property tax burden, aligning with tax relief for lower-income veterans per bill's intent to offset disability-related costs.95% confidence ✓ VeteransSupports VeteransBill creates tax credit for disabled veterans (70%+ VA rating) via county adoption, directly reducing property tax burden for qualifying veterans.95% confidence

Sub-Topics Pensions Property Tax Tax Credits Veteran Benefits Veteran Healthcare

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passed · Missouri · House May 7, 2026

HB 2944: Modifies provisions relating to the local senior citizen homestead tax credit

HB 2944 modifies Missouri's senior citizen homestead tax credit to help eligible residents aged 62+ who own their primary residence. It defines the credit amount as the difference between a taxpayer's current property tax bill and their "initial credit year" tax bill, automatically applying this credit annually without requiring reapplication after initial qualification. Counties can choose to implement the credit through a local ordinance or voter referendum, and must apply it to reduce the taxpayer's annual property tax liability. The credit continues automatically until the senior moves or dies, with special rules for home improvements or property annexation affecting the initial tax calculation.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for seniors via automatic credit application, reducing taxable burden for eligible residents aged 62+.90% confidence

Sub-Topics Property Tax Tax Credits Tags Seniors

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in committee · Missouri · Senate Feb 5, 2026

SB 1592: Authorizes a tax credit for contributions to prevention resource centers

SB 1592 would create a tax credit allowing businesses or individuals to reduce their state tax liability by a portion of their contributions to designated prevention resource centers. These centers likely focus on community prevention services (like health or safety programs), though the bill doesn't specify their exact scope. The credit would directly affect taxpayers making qualifying donations, potentially encouraging financial support for these centers. The bill is currently pending review by the Senate Economic and Workforce Development Committee and has not yet been enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit reducing state tax liability for donations to prevention centers, providing tax relief and encouraging support for public services.90% confidence ✓ HealthcareSupports HealthcareTax credit directly incentivizes donations to prevention centers likely providing health services, funding community prevention programs per bill summary.85% confidence

Sub-Topics Tax Credits Tax Incentives Mental Health

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in committee · Missouri · House May 15, 2026

HB 2639: Authorizes tax credits for certain contributions to local law enforcement foundations

HB 2639 creates a state tax credit for individuals and businesses that donate to certified local law enforcement foundations. Taxpayers can claim credits of up to $5,000 (single filers) or $10,000 (married/joint filers) annually for contributions used to fund officer training, salary supplements, equipment, or joint emergency response teams with behavioral health specialists. Foundations must be certified by the state, limit annual contributions to $3 million, and cannot accept more than $3 million per year from this program. The total tax credits available are capped at $75 million annually, with unused credits carried forward for up to five years.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax credits reducing state revenue (via deductions), weakening fiscal management by shifting funding to private donations rather than strengthening state budget.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds law enforcement through tax credits for training, equipment, and behavioral health teams, directly strengthening criminal justice infrastructure per bill's purpose.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Law Enforcement

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in committee · Missouri · House May 15, 2026

HB 2948: Establishes a caregiver tax credit for certain costs associated with caregiving

HB 2948 creates a Missouri state tax credit for caregivers of eligible family members. It allows Missouri residents who provide ongoing care to a qualifying recipient (a person aged 60+ or under 60 with a disability requiring daily assistance) to claim a credit of up to $1,500 annually, based on documented caregiving costs like adult day care, in-home services, transportation, or medical supplies. Caregivers must provide proof of residency, care provision, and dependency status (or alternative documentation), but medical records are not required. The credit, effective for tax years beginning January 1, 2027, is refundable and cannot be carried forward or transferred.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief via $1,500 annual credit for caregivers, reducing tax burden for middle-income families supporting elderly/disabled relatives.95% confidence ✓ HealthcareSupports HealthcareProvides tax credit for healthcare-related caregiving costs (medical supplies, in-home services), supporting access to health services for elderly/disabled recipients.90% confidence

Sub-Topics Tax Credits

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in committee · Missouri · Senate Apr 8, 2026

SB 1608: Authorizes a tax credit for contributions to certain youth police initiatives

SB 1608 would create a state tax credit for individuals or businesses that donate to specific youth-focused police programs. The bill directly affects taxpayers who contribute to qualifying initiatives, such as community policing outreach or youth engagement programs run by law enforcement. It does not describe specific qualifying programs, credit amounts, or eligibility rules in the provided abstract. As the bill is only at its first reading (2026-01-29), no further details about implementation or scope are available in the current context.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for donations to youth police programs, reducing taxpayer liability and incentivizing contributions to public safety initiatives.95% confidence ✓ Criminal JusticeSupports Criminal JusticeCreates tax credit for youth police initiatives (community policing/youth engagement), promoting trust-building and prevention - key criminal justice reform elements.85% confidence

Sub-Topics Sales Tax Tax Credits Tax Incentives Law Enforcement Policing

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in committee · Missouri · House May 15, 2026

HB 2955: authorizes a tax credit for providing services to homeless persons

HB 2955 creates a Missouri tax credit for businesses and organizations providing services to homeless individuals. Eligible taxpayers (such as job training agencies, employment providers, or housing organizations) can claim up to $10,000 annually in income tax credits for services like job training, employment (28+ hours/week at minimum wage), or housing support specifically for homeless persons. Certification by the Department of Economic Development is required, with annual renewal, and credits are non-refundable but carry forward for up to three years. The total annual credit amount is capped at $1 million. This bill directly affects service providers who meet the certification criteria, not homeless individuals themselves.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for homeless services, providing tax relief to businesses incentivizing public service provision and supporting economic development funding.95% confidence ✓ Criminal JusticeSupports Criminal JusticeProvides housing/job training for homeless, reducing recidivism potential through rehabilitation-focused services.80% confidence ✓ HousingSupports HousingBill provides tax credit for housing support services to homeless persons, directly advancing affordable housing for vulnerable population through funding incentives.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides tax credit for job training/employment services (28+ hrs/wk at minimum wage) for homeless individuals, advancing workforce participation and employment standards.90% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Affordable Housing Homelessness Housing Finance Minimum Wage Professional Licensing Workforce Development Tags Economic Development

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