Budget & Taxes (Tax Credits)

in committee · Missouri · House Mar 31, 2026

HB 1782: Removes the sunset provisions of the "Donated Food" food pantry tax credit

HB 1782 permanently extends Missouri's tax credit for donations to food pantries, homeless shelters, and soup kitchens by removing the bill's prior expiration date (December 31, 2026). Taxpayers who donate cash or food to qualifying 501(c)(3) organizations serving low-income communities can claim a 50% credit on donation value, capped at $2,500 annually per taxpayer. The credit applies only to donations made to local organizations operating in the donor's area, with no changes to existing eligibility rules or credit limits. This update ensures the program continues indefinitely without requiring annual legislative renewal.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends tax credit for food pantry donations, providing tax relief to donors supporting low-income services through permanent removal of sunset provision.90% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House May 15, 2026

HB 1774: Authorizes a tax credit for certain charitable donations to local hospital foundations

HB 1774 creates a Missouri state income tax credit for individuals who donate to qualifying local hospital foundations. It allows taxpayers to claim a credit equal to 50% of their donation amount (capped at $2,500 annually per taxpayer), provided the foundation is a 501(c)(3) organization that provides financial relief for unpaid hospital bills in the donor’s area. The credit is non-refundable, cannot exceed total state income tax liability, and has a $2 million annual cap across all taxpayers. This policy directly affects Missouri residents who pay state income tax and make qualifying donations to hospital foundations, aiming to incentivize charitable support for community healthcare access.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state revenue, providing tax relief for charitable donations to hospitals, aligning with tax relief indicators.92% confidence ✓ HealthcareSupports HealthcareIncentivizes donations to hospital foundations providing financial relief for unpaid bills, strengthening hospital funding and patient access to care.90% confidence

Sub-Topics Income Tax Tax Credits Hospitals

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in committee · Missouri · House May 15, 2026

HB 2038: Authorizes the "Missouri Homestead Preservation Tax Credit Program" and implements a homestead exemption for certain individuals

HB 2038 creates a property tax exemption program for Missouri homeowners aged 65 or older who live in their primary residence and have a household income of $125,000 or less (adjusted annually for inflation). Starting in 2027, eligible homeowners will receive a 100% exemption on property taxes for their homestead, meaning they pay no tax on their primary residence after other exemptions are applied. To qualify, individuals must reapply annually, and the exemption replaces all other homestead-related property tax credits or relief programs. This program directly affects low-to-moderate income seniors owning their primary home in Missouri.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for seniors with modest incomes ($125k household), directly reducing tax burden under homestead program, aligning with tax relief indicators.95% confidence ✓ HousingSupports HousingBill provides property tax exemption for elderly homeowners (65+), reducing housing costs and increasing affordability for a specific group, directly supporting 'affordable housing' in topic description.90% confidence

Sub-Topics Property Tax Tax Credits Tax Incentives Historic Preservation Property Taxes

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in committee · Missouri · House May 15, 2026

HB 2616: Modifies provisions relating to the "Missouri Working Family Tax Credit Act" and makes the tax credit refundable

HB 2616 modifies Missouri's Working Family Tax Credit Act to make the tax credit refundable starting in 2027. This means eligible taxpayers who owe less state income tax than their credit amount will receive the difference as a refund, rather than losing it. The credit equals 10% of the federal Earned Income Tax Credit (EITC) for 2023, with a potential increase to 20% if Missouri's state revenue grows by at least $150 million over previous fiscal years. The bill also requires the state to proactively identify and notify eligible taxpayers who didn't apply for the credit, using data from federal and state tax records.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes tax credit refundable for low-income families, providing direct financial relief through expanded tax credit access under Missouri Working Family Tax Credit Act.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentMakes tax credit refundable, increasing financial support for low-income workers via expanded EITC-based credit, directly advancing worker benefits.95% confidence

Sub-Topics Income Tax Revenue Tax Credits

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in committee · Missouri · House May 15, 2026

HB 1739: Modifies provisions relating to the "Missouri Working Family Tax Credit Act", making the tax credit refundable

HB 1739 modifies Missouri's Working Family Tax Credit Act to make the state tax credit refundable for eligible low-to-moderate income residents starting in 2027. It allows qualifying taxpayers (those claiming the federal Earned Income Tax Credit) to receive a credit equal to 10% (potentially increasing to 20%) of their federal credit amount, with the refundability change applying only to tax years beginning January 1, 2027, and later. The credit percentage increase to 20% is tied to Missouri's state revenue growth exceeding prior years by $150 million. The bill also requires the state to proactively notify eligible taxpayers who didn't claim the credit and report annual usage statistics.

Topics ✓ Budget & TaxesSupports Budget & TaxesMakes tax credit refundable for low-to-moderate income residents, providing direct tax relief via 10-20% of federal EITC starting 2027.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentMakes tax credit refundable for low-income workers, expanding financial support and increasing disposable income for qualifying residents under the Working Family Tax Credit Act.95% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives

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in committee · Missouri · Senate Jan 27, 2026

SB 1163: Authorizes a tax credit for certain educational expenses

Based solely on the provided context, a detailed summary cannot be generated. The bill title and abstract ("Authorizes a tax credit for certain educational expenses") are too vague to identify specific affected groups, qualifying expenses, credit mechanisms, or policy changes. No additional details about the bill's scope, eligibility, or implementation are included in the abstract or recent actions. Without these concrete elements, a factual summary meeting all requested criteria cannot be provided.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit for educational expenses provides tax relief, aligning with support indicators for middle/lower income tax relief without specified exclusions.85% confidence

Sub-Topics Tax Credits Tax Incentives

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passed · Missouri · House Apr 29, 2026

HB 2142: Modifies the "Show MO Act" tax credit caps for qualified motion media production projects

HB 2142 modifies Missouri's tax credit program for motion media productions (like films, TV shows, video games, and VR content) by increasing the base tax credit rate to 20% of qualifying expenses and adding up to 5% more for specific criteria, such as filming in Missouri, hiring Missouri residents, or promoting tourism. It directly affects production companies filming in Missouri that meet defined project size and content requirements (excluding news, ads, or political content). Key provisions include annual spending caps ($8 million/year for film/series through 2026, rising to $16 million/year after 2026), mandatory employment of Missouri residents/veterans based on project size, and requirements for promotional materials. The bill aims to incentivize local production while ensuring credits are tied to economic impact in Missouri.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for motion media productions, providing tax relief to incentivize economic development in Missouri through targeted fiscal incentives.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House May 15, 2026

HB 2527: Establishes a tax credit for certain newspaper printing plants

HB 2527 creates a 50% tax credit against Missouri state income tax for qualifying newspaper printing plants, directly affecting businesses headquartered in Missouri that derive most revenue from printing publicly distributed newspapers. The credit equals half of eligible labor costs (reported on W-2s for pressroom/mailroom staff) incurred during the tax year, with a total annual cap of $7 million across all applicants. Taxpayers must apply to the Missouri Department of Revenue, and unused credits can be refunded or transferred. The program expires automatically six years after implementation (unless renewed by the legislature) and applies only to state tax liability under Chapters 143 or 148, excluding withholding tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit for newspaper printing plants, reducing tax burden on qualifying businesses and incentivizing local employment in a public information sector.90% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives

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in committee · Missouri · Senate Jan 15, 2026

SB 1044: Authorizes a tax credit for providing services to homeless persons

SB 1044 would create a tax credit for organizations that provide direct services to homeless individuals, such as shelter, meals, or case management. This credit would allow eligible nonprofits or service providers to reduce their state tax liability based on qualifying expenses. The bill is currently under review by the Senate Economic and Workforce Development Committee after being referred in January 2026. The abstract does not specify credit amounts, eligibility details, or program funding sources.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for homeless service providers, reducing tax liability to fund essential services through fiscal incentives.85% confidence ✓ HousingSupports HousingAuthorizes tax credits for nonprofits providing homeless services (shelter, meals, case management), directly funding housing assistance for vulnerable populations.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Affordable Housing Homelessness Property Development

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died · Missouri · House Jan 7, 2026

HB 2295: Modifies provisions relating to tax credits

HB 2295 increases tax credits for businesses that contribute to community programs in small towns (population ≤15,000) or economically distressed areas, allowing up to 70% of contributions to be refunded. It sets annual limits of $4 million for 1999 and $6 million for 2000 onward, with a $250,000 cap per business unless contributions target impoverished communities (where credits may exceed the cap). The bill restricts credits for financial institutions on routine business activities and establishes a total annual cap of $32 million across all tax credit programs. Businesses claiming housing-related credits must certify tenant income eligibility and housing compliance annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases business tax credits for community contributions in distressed areas, providing tax relief and directing funds toward local economic development through targeted fiscal incentives.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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