Budget & Taxes

in committee · Missouri · House Jan 20, 2026

HB 2215: Authorizes an income tax deduction for amounts paid towards tangible personal property taxes

HB 2215 would allow Missouri residents to deduct all paid tangible personal property taxes (such as taxes on cars, boats, or equipment) from their state income tax starting in 2027. Eligible taxpayers could claim this deduction either as a standard subtraction or through itemized deductions on their state tax return, excluding penalties, interest, or special assessments. The Department of Revenue would verify qualifying amounts, and the program would automatically expire six years after implementation unless the legislature reauthorizes it. This change directly affects individual taxpayers with tangible personal property tax obligations who file Missouri income taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows income tax deduction for property taxes, reducing tax burden for residents - direct tax relief aligned with middle-income support indicators.92% confidence

Sub-Topics Income Tax Property Tax

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in committee · Missouri · House May 15, 2026

HB 1921: Creates the "Missouri Worker Dues Tax Fairness Act", authorizing an income tax subtraction for certain union dues paid to a labor organization by a taxpayer

HB 1921, the "Missouri Worker Dues Tax Fairness Act," allows Missouri taxpayers to subtract union dues from their state income tax. It applies to individuals who pay union dues (including initiation fees but excluding political contributions) and are subject to Missouri income tax, with a maximum annual subtraction of $2,000 per person or $4,000 for joint returns. The deduction becomes effective for tax years beginning January 1, 2027, and requires taxpayers to provide documentation like pay stubs or union statements to claim the benefit. This policy directly affects union members by reducing their taxable income for state tax purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief for workers via union dues subtraction, aligning with tax relief indicators for middle-income taxpayers.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentAllows tax deduction for union dues, strengthening collective bargaining by reducing financial burden on workers and supporting union membership rights under Labor & Employment policies.95% confidence

Sub-Topics Income Tax Collective Bargaining

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in committee · Missouri · House May 15, 2026

HB 1816: Modifies provisions relating to an income tax credit for contributions to pregnancy resource center

HB 1816 creates a Missouri state tax credit for individuals and businesses donating to qualifying pregnancy resource centers. Taxpayers can claim a credit equal to 50% of donations for 2007-2020, rising to 70% for 2021-2026, and 100% after 2027, with a $50,000 annual cap per donor. To qualify, centers must provide in-person pregnancy support services without performing or referring for abortions, operate at no cost to clients, and meet specific service and exemption requirements under Missouri law. The credit reduces state tax liability for donors who contribute to these designated centers.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits reducing taxable income for donations to pregnancy centers, providing tax relief as a fiscal incentive under Missouri's tax code.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Missouri · Senate Mar 11, 2026

SB 1082: Modifies provisions relating to a tax credit for donated food

SB 1082 creates a tax credit for Missouri businesses and individuals who donate cash or food to qualifying nonprofit organizations, including food banks, food pantries, soup kitchens, and homeless shelters. Donors can claim a 50% tax credit (up to $2,500 annually) for donations made to food pantries, soup kitchens, or homeless shelters before 2026, and a 70% credit (also capped at $2,500) for donations to food banks starting in 2026. The credit is limited to the value of donations added back to taxable income, with annual state spending caps of $1.75 million (before 2026) and $3.5 million (starting in 2026). Donors must verify contributions via an affidavit, and organizations must be IRS 501(c)(3) nonprofits serving Missouri residents in need.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit (50-70%) for food/donation donations, reducing tax burden on donors while encouraging support for food banks/shelters, aligning with fiscal responsibility and public service funding.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House May 15, 2026

HB 2449: Establishes the "Missouri Parental Choice Tax Credit Act" relating to a tax credit for certain educational expenses

HB 2449 creates a tax credit for Missouri residents who pay for eligible educational expenses for their children attending qualifying schools. It directly affects parents or guardians of students enrolled in private, parochial, home, or family-paced schools (excluding public schools). The credit covers tuition, textbooks, curriculum materials, tutoring, technology, and educational therapies, but excludes basic supplies like paper/pens and costs tied to public school activities. The credit amount is limited to 100% of eligible expenses or Missouri’s state funding target for education, whichever is lower, and becomes available starting tax year 2027. Taxpayers must submit itemized expense lists and documentation with their state income tax return.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing tax burden for families using qualifying schools, aligning with tax relief indicators for educational expenses.90% confidence ✓ EducationSupports EducationCreates tax credits for private/parochial/home school expenses, expanding parental educational choice and access beyond public schools.95% confidence

Sub-Topics Income Tax Tax Credits Curriculum Higher Education School Choice

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in committee · Missouri · House Feb 17, 2026

HB 1892: Modifies provisions relating to property tax assessments of certain stationary property

HB 1892 standardizes how local assessors calculate property taxes for business equipment (like machinery and tools) by requiring them to use a federal-based depreciation schedule. It sets specific percentages for reducing the tax value of equipment over time, based on its expected useful life (recovery period), starting from the year the equipment was placed in service. Starting January 1, 2027, the law also applies to stationary real property (such as storage tanks for liquids/gases) used in transportation or storage, requiring assessors to use a 20-year depreciation schedule for these properties. Businesses owning this equipment or property must report its original cost and year placed in service by May 1st each year to support the assessment.

Topics ✓ Budget & TaxesSupports Budget & TaxesStandardizes depreciation schedules for business equipment, lowering taxable value over time to provide tax relief to businesses, aligning with tax relief indicators.92% confidence

Sub-Topics Business Taxes Property Tax

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in committee · Missouri · House May 15, 2026

HB 2111: Modifies provisions relating to the calculation of income tax, repealing income tax subtractions for certain capital gains

HB 2111 modifies Missouri's income tax calculation by adding certain items back to federal adjusted gross income that were previously subtracted, effectively repealing specific capital gains subtractions. It directly affects Missouri taxpayers who claimed federal deductions or refunds that previously reduced their state taxable income, such as pandemic-related federal tax refunds or certain capital gains. Key provisions include adding back federal tax refunds benefiting Missouri (excluding pandemic credits), interest on specific government bonds, and excess deductions for property purchases (2002-2003) or net operating losses. The bill eliminates prior subtractions for certain capital gains, increasing taxable income for affected taxpayers under Missouri law.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepeals capital gains subtractions, increasing state tax revenue by closing a tax loophole that previously reduced taxable income.95% confidence

Sub-Topics Income Tax

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in committee · Missouri · House May 15, 2026

HB 2210: Establishes a fund for matching school district expenditures of reserve moneys to increase teacher salaries

HB 2210 creates a state "Matching Grants for Teachers Plan Fund" to help school districts increase teacher salaries using their own reserve funds. School districts can withdraw money from their reserves for salary increases and receive state matching funds equal to that amount, up to $1 million annually per district. To qualify, districts must maintain at least $100,000 in reserves, cannot deplete reserves below state minimums, and must use existing interest earnings from school funds to supplement salary increases (not replace them). The bill ensures unspent fund balances do not revert to general revenue and requires districts to deposit interest into reserves.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates state matching funds ($1M/district) for school district teacher salary increases, directly increasing state budget allocation for education spending.92% confidence ✓ EducationSupports EducationCreates state matching fund for teacher salary increases using district reserves, directly funding educator compensation under education-focused bill.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentDirectly funds teacher salary increases via state matching grants, advancing wages for educators within labor & employment framework.95% confidence

Sub-Topics Revenue State Budget School Funding Teachers

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in committee · Missouri · Senate Jan 15, 2026

SB 1112: Authorizes a sales tax exemption for breast pump supplies

SB 1112 would remove sales tax on breast pump supplies, including items like bottles, shields, and storage containers. This exemption directly affects new mothers, caregivers, and families purchasing these essential products. The bill’s key provision is a specific tax exemption for these medical supplies, making them more affordable. Currently pending in the Senate Economic and Workforce Development Committee, it has not yet been enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief on essential medical supplies, making products more affordable for families, aligning with support indicators for lower-income tax relief.90% confidence ✓ HealthcareSupports HealthcareRemoves sales tax on breast pump supplies, improving affordability and access to essential maternal healthcare products.90% confidence

Sub-Topics Procurement Sales Tax Tax Incentives

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in committee · Missouri · Senate Jan 8, 2026

SB 845: Authorizes a tax credit for contributions to certain youth police initiatives

SB 845 authorizes a tax credit for businesses and individuals who contribute to certain youth-focused police initiatives. Donors would receive a state income tax reduction equal to their contribution amount. The credit applies only to contributions made to specific programs defined in the bill, such as community outreach or mentorship efforts. This policy change directly affects taxpayers who fund these community safety programs by reducing their tax liability.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes tax credit reducing taxpayer liability for contributions to youth police initiatives, providing direct tax relief per summary.95% confidence ✓ Criminal JusticeSupports Criminal JusticeBill provides tax credit funding for youth police initiatives (community outreach/mentorship), directly advancing community safety programs aligned with criminal justice reform goals.90% confidence

Sub-Topics Sales Tax Tax Credits Tax Incentives Policing

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