Budget & Taxes (Tax Credits)

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 · 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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in committee · Missouri · Senate Jan 27, 2026

SB 1336: Authorizes a tax credit for the purchase of certain homes

Based solely on the provided abstract and bill details, a substantive summary cannot be generated. The abstract ("Authorizes a tax credit for the purchase of certain homes") and title lack specific details about eligibility criteria (e.g., income level, home price limits, first-time buyer status), the credit amount, or implementation mechanisms. Without these concrete policy elements, describing "who it directly affects" or "key mechanisms" would require speculation, which conflicts with the requirement to remain factual and neutral. The bill's current status (prefiled, first read) confirms it is early in the process, but this does not clarify the policy substance.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes a tax credit for home purchases, a form of tax relief. Strong inference aligns with support indicators for middle-income homeownership, though eligibility details are unspecified.80% confidence

Sub-Topics Sales Tax Tax Credits Tax Incentives

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in committee · Missouri · Senate Mar 25, 2026

SB 1209: Authorizes a tax credit for certain newspaper printing plants

SB 1209 authorizes a 50% tax credit against Missouri state tax liability for qualifying newspaper printing plants based on wages paid to pressroom and mailroom staff. The credit applies to businesses headquartered in Missouri that derive most revenue from printing newspapers for public distribution, with annual credits capped at $7 million. Unused credits can be refunded or transferred, and the program expires automatically six years after implementation unless renewed by the legislature. This bill directly supports newspaper printing operations by reducing their state tax burden through wage-based incentives.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit reducing state tax liability for qualifying newspaper printing plants, directly advancing tax relief policy within budget/tax framework.92% confidence ✓ Labor & EmploymentSupports Labor & EmploymentTax credit explicitly tied to wages paid to pressroom/mailroom staff incentivizes higher compensation for these workers, directly supporting employment in the sector.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · Senate Jan 29, 2026

SB 864: Modifies provisions relating to tax credits

SB 864 creates two new tax credit programs for Missouri businesses. First, it provides a $5 per ton tax credit for wood energy producers using Missouri forest residue to make processed wood products, valid for five years with a $6 million annual cap and expiring after 2028. Second, it establishes a 25% tax credit (up to $75,000 annually per facility) for small meat processing facilities (employing fewer than 500 people total) to cover modernization or expansion costs like equipment, building upgrades, or waste management systems, with a $2 million annual statewide cap. Both credits reduce state tax liability but are non-refundable and require applications to the state authority. The bill replaces prior tax credit provisions and sets specific expiration dates for all new credits.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for businesses, reducing tax burden and aligning with tax relief support indicators per bill summary.95% confidence ✓ EnergySupports EnergyProvides tax credits for wood energy producers using renewable forest residue, directly funding renewable energy infrastructure and production per bill summary.95% confidence ✓ TransportationSupports TransportationBill extends tax credits for ethanol, biodiesel, and railroad infrastructure, directly supporting transportation fuel and rail development.85% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Freight Rail Transportation Funding

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in committee · Missouri · Senate Mar 4, 2026

SB 961: Modifies the Historic Preservation Tax Credit

SB 961 modifies Missouri's Historic Preservation Tax Credit by increasing the credit rate to 35% for rehabilitation of eligible historic properties in qualifying counties or for historic schools/theaters, up from 25% for standard projects. It requires rehabilitation costs to exceed 50% of a property’s value and aligns with federal Secretary of the Interior standards. The bill also establishes a $90 million annual cap on tax credits, with $30 million specifically reserved for projects in qualified census tracts (areas with high poverty rates). These changes aim to incentivize historic preservation in rural and economically disadvantaged communities while streamlining the credit application process under the "Missouri Historic, Rural Revitalization, and Regulatory Streamlining Act." The provisions take effect for projects beginning July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit rate from 25% to 35% for historic preservation, providing tax relief for qualifying projects and directly modifying state tax policy within budgetary framework.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · House Jan 12, 2026

HB 2158: Modifies provisions of the "Missouri Empowerment Scholarship Accounts Program" tax credit

This bill modifies Missouri's tax credit program for contributions to educational assistance organizations (EAOs). It allows taxpayers to claim a 100% credit for donations made after August 2021, capped at 50% of their state tax liability, with an annual $75 million limit adjusted yearly based on school district funding changes. Credits are allocated on a first-come, first-served basis, and taxpayers cannot designate specific students for scholarships. The law directly affects donors to EAOs and the organizations themselves, ensuring credits are used within the annual cap without transferability or refunds.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit for education donations, reducing state tax revenue via 100% credit capped at 50% of liability with $75M annual limit.95% confidence ✓ EducationSupports EducationBill expands educational access by creating tax credits for donations to EAOs funding scholarships, directly increasing private school choice options for students.90% confidence

Sub-Topics Tax Credits School Choice Student Financial Aid

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in committee · Missouri · House Mar 31, 2026

HB 1882: Authorizes a tax credit for certain youth police initiative programs

HB 1882 creates a state tax credit allowing taxpayers to claim 100% of contributions made to eligible non-profit organizations running youth police initiatives in urban areas (as defined by the U.S. Census Bureau). The credit applies to tax years starting January 1, 2027, and is non-refundable but can be carried forward for up to five years or transferred/sold. The total annual credit amount is capped at $500,000, and the Missouri Department of Public Safety must maintain an annual list of eligible organizations on its website. The program expires automatically six years after enactment unless reauthorized by the legislature.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for contributions to youth police initiatives, providing tax relief to incentivize private funding of public safety programs through tax policy.95% confidence ✓ Criminal JusticeSupports Criminal JusticeTax credit funds youth police initiatives, promoting community engagement and prevention programs aligned with criminal justice reform.90% confidence

Sub-Topics Tax Credits Tax Incentives Policing

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