Budget & Taxes (Tax Credits)

died · Missouri · House Jan 2, 2026

HB 2229: Authorizes the "Missouri No Tax on Car Loan Interest Tax Credit", relating to a tax credit for certain new motor vehicle loan interest payments

HB 2229 creates a Missouri state tax credit for interest paid on new personal vehicle loans meeting specific criteria (e.g., manufactured in the U.S., under 14,000 lbs, purchased after 2025). It allows eligible Missouri residents who paid qualified loan interest (capped at $10,000 annually) to reduce their state income tax liability by that amount, with the credit phased out for taxpayers earning over $100,000 in adjusted gross income. The credit is non-refundable, cannot be carried forward, and expires after 2029 unless renewed. The bill was prefaced in 2025 but withdrawn in January 2026, so it never became law.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state tax liability for eligible residents, aligning with tax relief policy as a direct fiscal incentive.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Missouri · House Feb 26, 2026

HB 1785: Modifies provisions relating to an income tax credit for contributions to pregnancy resource centers

HB 1785 creates a state income tax credit for Missouri taxpayers who donate to qualifying pregnancy resource centers. It offers tax credits of 50% (2007-2020), 70% (2021-2026), and 100% (2027+) of donations, up to $50,000 annually per taxpayer. To qualify, centers must provide free, non-abortion services (no abortions performed/referred) and meet strict criteria like in-person support and IRS tax-exempt status. The bill sets annual spending limits on total credits ($2.5M until 2019, then $3.5M until 2021, with no cap after 2021) and requires state verification of center eligibility.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax credits reducing state revenue (50-100% of donations), directly weakening budget through tax expenditure rather than strengthening fiscal management.95% confidence ✓ HealthcareSupports HealthcareBill provides tax credits to fund pregnancy resource centers offering non-abortion health services, directly supporting access to reproductive health care through state incentives.92% confidence

Sub-Topics Income Tax Tax Credits Women's Health

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in committee · Missouri · Senate Jan 27, 2026

SB 1341: Authorizes a tax credit for certain educational expenses

SB 1341 would authorize a tax credit for eligible taxpayers who pay certain educational expenses, such as tuition or qualified training costs. The bill would allow these taxpayers to reduce their state income tax liability by a specified amount based on their qualifying expenses. However, the official abstract does not specify which educational expenses qualify, the credit amount, or the exact eligibility criteria for taxpayers. As a prefiled bill (first read on 2026-01-07), it remains under consideration and has not yet become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit reduces state income tax liability for educational expenses, providing tax relief per indicators.85% confidence ✓ EducationSupports EducationBill authorizes tax credit for educational expenses, potentially increasing access/cost relief for taxpayers, though specific details are unspecified.60% confidence

Sub-Topics Income Tax Tax Credits Higher Education Student Financial Aid

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in committee · Missouri · House May 7, 2026

HB 2461: Modifies provisions related to the "Donated Food" food pantry tax credit

HB 2461 modifies Missouri's tax credit program for donations to food assistance organizations. Taxpayers can claim a credit for cash or food donations to qualifying food pantries (since 2013), soup kitchens/homeless shelters (since 2018), or food banks (starting 2026), with credits equaling 50% of donation value before 2026 and 70% after. The credit is capped at $2,500 per taxpayer annually, with annual limits on total credits ($1.75 million for pantries/soup kitchens/shelters pre-2026; $2.75 million for those plus $1.25 million for food banks post-2026). Organizations must be 501(c)(3) nonprofits serving Missouri residents, and donations must be accepted before expiration dates.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for food donations, incentivizing charitable giving and reducing taxable income for donors, aligning with tax relief and fiscal responsibility indicators.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House May 15, 2026

HB 2216: Establishes the "Missouri Gives Tax Credit Act", authorizing tax credits for certain contributions to permanent endowment funds held by qualified community foundations

HB 2216, the "Missouri Gives Tax Credit Act," would allow Missouri taxpayers to claim a 25% state tax credit for contributions to permanent endowment funds held by qualified community foundations. It directly affects individuals and businesses that make qualifying contributions (defined as irrevocable gifts to foundations meeting specific criteria), with credits capped at $100,000 per taxpayer annually and $3 million per foundation yearly. The bill sets a $5 million annual limit for all credits, reserves 25% for small gifts under $25,000, and requires taxpayers to verify contributions with the state. The credit is non-refundable, non-transferable, and expires after one year, with the program set to sunset six years after enactment unless renewed.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides 25% tax credits for charitable contributions to community foundations, reducing taxable income and offering tax relief per tax credit indicators.95% confidence

Sub-Topics Tax Credits

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passed · Missouri · House May 7, 2026

HB 2409: Authorizes the "Child Care Contribution Tax Credit Act", the "Employer-Provided Child Care Assistance Tax Credit Act", and the "Child Care Providers Tax Credit", relating to tax credits for child care

HB 2409 creates three new Missouri tax credit programs to support child care access. It allows taxpayers (individuals, businesses, and charitable organizations) to claim a 75% tax credit on verified contributions to licensed child care providers or approved nonprofit intermediaries, with credits ranging from $100 to $200,000 annually. To qualify, contributions must be made to providers or intermediaries that first secure approval from Missouri's Department of Economic Development. The tax credits apply to tax years beginning January 1, 2027, and are designed to incentivize financial support for child care services, particularly in underserved areas defined as "child care deserts."

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits reducing tax liability for child care contributions, aligning with tax relief and fiscal support for families/child care access under Budget & Taxes topic.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House May 15, 2026

HB 2196: Modifies the "Show MO Act" tax credit caps for qualified motion media production projects

HB 2196 modifies Missouri's tax credit program for motion media productions (like films, series, and digital content) by adjusting credit percentages and adding new requirements. It allows producers to claim a base 20% tax credit on qualifying expenses (e.g., wages, equipment), with up to 5% additional credit for filming in Missouri, rural/blighted areas, hiring Missouri residents for training, or marketing locations. The bill caps annual tax credits at $8 million for film/series through 2026 and $16 million after 2026, requires minimum Missouri employment levels based on project size, and mandates economic impact reports. This directly affects production companies meeting eligibility criteria, including those filming in Missouri with qualifying expenses over $50,000 for short projects or $100,000 for longer works.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credits to film producers via adjusted caps and incentives, advancing tax incentive program funding within budget constraints.90% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House Mar 4, 2026

HB 2531: Establishes the "Revitalizing Missouri Downtowns and Main Streets Act"

HB 2531 creates tax credits to incentivize converting old office buildings into residential spaces in Missouri downtowns and Main Street districts. Property owners who substantially convert qualifying office buildings (over 50% residential use) to residential or mixed-use spaces can claim a 25% tax credit on eligible renovation costs, or 30% for upper-floor housing in designated Main Street districts. The credits can be transferred multiple times and carried forward up to ten years if they exceed annual tax liability. The program is capped at $50 million annually, with 50% reserved for large buildings (>750,000 sq ft) and 25% specifically for Main Street upper-floor housing projects. It directly affects developers and property owners undertaking downtown revitalization conversions.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for property owners to incentivize downtown redevelopment, directly advancing tax incentive policy under Budget & Taxes.95% confidence ✓ HousingSupports HousingBill provides tax credits to convert office buildings to residential use, increasing housing supply in downtowns and Main Streets districts.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Community Development Historic Preservation

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passed both · Missouri · Senate May 15, 2026

SB 1066: Modifies provisions relating to taxation

This Missouri bill clarifies property tax classifications by defining key terms for residential, agricultural, and commercial property. It explicitly includes short-term rentals (under 30 days) as residential property for tax purposes, excluding them from "transient housing" like hotels. The bill also expands agricultural property to cover urban community gardens and specifies how properties used for multiple purposes (e.g., farming with a home) should be classified. These changes help ensure consistent tax assessments and provide local governments with rules to adjust levies if property classification changes affect revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesClarifies property tax classifications for residential/agricultural properties, directly impacting tax application and fiscal management per the bill's purpose.92% confidence

Sub-Topics Debt & Bonds Property Tax Tax Credits

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in committee · Missouri · Senate Feb 3, 2026

SB 873: Authorizes a tax credit for providing housing to victims of domestic violence

SB 873 proposes a tax credit for landlords or housing providers who offer shelter to victims of domestic violence. This bill directly affects housing organizations and property owners by providing a financial incentive to support survivors. The key mechanism is a tax credit that offsets the costs associated with providing safe housing, without requiring victims to pay for it directly. The bill is currently in committee review and has not yet been enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit to housing providers for domestic violence victims, offering fiscal incentive to support essential housing services.95% confidence ✓ Criminal JusticeSupports Criminal JusticeBill provides tax credit for housing victims of domestic violence, a core component of criminal justice reform focused on victim safety and support services.85% confidence ✓ HousingSupports HousingProvides tax credit to landlords for housing domestic violence victims, directly funding housing support for a vulnerable group.95% confidence

Sub-Topics Tax Credits Domestic Violence Affordable Housing Property Taxes Tenant Rights

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