Top Legislation - View All
Latest Action: 03/03/2008 - Executive Session Completed (H) Bill Text
HB 1367 - VOLUNTEER FIREFIGHTER TAX CREDIT - Ruestman, Marilyn
Authorizes an income tax credit for certain volunteer firefighters
Latest Action: 05/16/2008 - Referred: Agriculture Policy (H) Bill Text
HB 1390 - FAMILY FARM LIVESTOCK LOAN PROGRAM - Loehner, Tom
Increases the maximum amount of tax credits that can be annually authorized to eligible lenders participating in the Farmily Farm Livestock Loan Program
Latest Action: 04/17/2008 - Rules - Executive Session Completed (H) Bill Text
HB 1425 - AGRICULTURAL TAX CREDITS - Munzlinger, Brian
Increases the cap on the aggregate of certain agricultural tax credits and extends the expiration date for the Missouri Agricultural and Small Business Development Authority to issue tax credits
Latest Action: 01/24/2008 - Referred: Special Committee on Immigration (H) Bill Text
HB 1434 - EMPLOYMENT OF ILLEGAL ALIENS - Wildberger, Edward
Requires individuals or businesses convicted of knowingly accepting any state-administered or subsidized tax credit, tax abatement, or loan while employing illegal aliens to repay the amount to the state
Latest Action: 05/16/2008 - S Informal Calendar S Bills for Perfection--SB 717-Kennedy and Shields Bill TextSB 717 - This act increases the amount of tax credits available for taxpayers who modify their home to be accessible for disabled people who reside with such taxpayer. Under current law, up to one hundred thousand dollars in tax credits remaining unused under the rebuilding communities tax credit program are allocated for use by taxpayers who modify their homes for disabled persons residing with such taxpayers. This act increases the amount of available tax credits by allocating all unused tax credits under the rebuilding communities tax credit program for use by taxpayers who modify their homes for disabled persons residing with such taxpayers. The rebuilding communities tax credit program is capped at ten million dollars annually. JASON ZAMKUS
Latest Action: 05/29/2008 - Reported Duly Enrolled S Rules Committee Bill TextCCS/HCS#2/SS/SCS/SB 718 - This act increases the annual cap on the amount of tax credits the Department of Economic Development may authorize for the Enhanced Enterprise Zone Program from fourteen million dollars to twenty-four million dollars. The fiscal year cap on economic development tax credits that are approved as part of the Neighborhood Assistance Program is increased from four million dollars to six million dollars. The city of Harrisonville is authorized to impose, upon voter approval, a sales tax of up to one half of one percent for the operation of public safety departments including employee compensation, pension programs, health care, employment of additional police officers, and additional equipment and facilities. The city of Raytown is authorized to impose, upon voter approval, a sales tax of up to one half of one percent for the purpose of improving public safety in the city, including expenditures on equipment, city employee salaries and benefits, and facilities for [...] show full description
Latest Action: 01/10/2008 - Second Read and Referred S Ways & Means Committee Bill TextSB 735 - This act requires the Joint Committee on Tax Policy to review all state tax credit programs which are not currently subject to a sunset. The joint committee is required to report its findings to the general assembly. Effective December 31, 2013, no tax credits, authorized under programs which are not subject to a sunset, may be issued unless the general assembly adopts a concurrent resolution approving and re-authorizing such tax credit program after it has been reviewed by the joint committee, or a general law is enacted modifying provisions of such tax credit program. Any tax credit program re-authorized in accordance with this act will be deemed a new program and thus subject to a six year sunset provision. JASON ZAMKUS
Latest Action: 01/10/2008 - Second Read and Referred S Commerce, Energy and the Environment Committee Bill TextSB 772 - This act creates a tax credit for expenses incurred in recycling construction waste. The credit shall be equal to 75% of the expenses incurred for recycling the construction waste. The tax credit is non-refundable and non-transferrable but may be carried forward up to three subsequent tax years. The Department of Natural Resources shall administer the tax credit program and shall maintain a list of all taxpayers eligible for the tax credit. The total amount of tax credits issued in any year shall not exceed $1,000,000 and the tax credit program shall sunset after 6 years. This act also directs the Department of Natural Resources to establish and administer a state-funded grant program for construction and demolition waste reduction. This act is identical to SCS/SB 220 (2007) and similar to HB 707 (2007). ERIKA JAQUES
Latest Action: 01/15/2008 - Second Read and Referred S Agriculture, Conservation, Parks & Natural Resources Committee Bill TextSB 879 - This act increases from $6 million to $12 million the aggregate amount of tax credits that may be issued per fiscal year for the Agricultural Product Utilization Contributor tax credit and the New Generation Cooperative Incentive tax credit. The Missouri Agricultural and Small Business Development Authority is allowed to issue up to $1 million in Agricultural Product Utilization tax credits in any fiscal year to individuals contributing cash funds to the Authority. The Authority may issue additional Agricultural Product Utilization tax credits in circumstances as described in the act. Currently, both tax credit programs are scheduled to expire on December 31, 2010. The act extends the expiration date until December 31, 2016. This act is similar to SB 489 (2007) and HB 346 (2007). ERIKA JAQUES
Also tagged in: Agriculture And Animals, Agriculture, Department Of, Boards, Commissions, Committees, Councils, Conservation, Department Of, Emergencies, Environmental Protection, Motor Fuel, Natural Resources, Department Of, Revenue, Department Of Latest Action: 05/16/2008 - S Formal Calendar S Bills for Third Reading--SS for SCS for SB 898-Clemens (In Fiscal Oversight) Bill TextSS/SCS/SB 898 - This act modifies provisions pertaining to the administration of agriculture incentives and programs. SECTIONS 32.057 and 105.485 - State Tax Credit ReportingThis act requires all members of the General Assembly to file a financial interest statement with the Missouri Ethics Commission disclosing any state tax credits claimed on the most recent state income tax return of the member, the member's spouse, or the member's dependent child. The Department of Revenue must make information regarding state tax credits claimed by a member of the General Assembly available to the public. SECTION 135.633 - Tax Credit for Odor AbatementThis act creates a tax credit for agricultural odor abatement activities. The tax credit shall be equal to either the lesser of $25,000 or 50% of the eligible expenses incurred by a Class IC or smaller concentrated animal feeding operation to implement certain odor abatement best management practices. The cumulative amount of tax credits issued [...] show full description
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Latest Legislation - View All
Latest Action: 05/16/2008 - Referred: Special Committee on Job Creation & Eco Dev (H) Bill Text
HB 2570 - TAX EXPENDITURE BUDGETS - Robb, Ed
Specifies that no tax credits can be issued or certified unless approved by the Budget Committee of the House of Representatives and the Senate Appropriations Committee with a specific exception
Latest Action: 05/16/2008 - Referred: Special Committee on Job Creation & Eco Dev (H) Bill Text
HB 2571 - TAX CREDITS - Robb, Ed
Prohibits a taxpayer from carrying certain tax credits back to any of the three prior taxable years
Latest Action: 05/16/2008 - Referred: Special Committee on Energy and Environment (H) Bill Text
HB 2574 - TAX CREDITS FOR ENERGY PRODUCERS - Scharnhorst, Dwight
Changes the laws regarding tax credits for energy producers
Latest Action: 05/08/2008 - Rules - Executive Session Completed (H) Bill Text
HB 2556 - CHILD INITIATIVE PROGRAM - Hubbard, Rodney R.
Establishes the Child Initiative Program and authorizes a tax credit for certain taxpayers who participate in the program
Latest Action: 04/03/2008 - Referred: Ways and Means (H) Bill Text
HB 2517 - INCOME TAX CREDIT FOR THE ELDERLY - Hoskins, Theodore
Authorizes an income tax credit for resident taxpayers who are 65 years of age or older with an adjusted gross income of $9,570 or less
Latest Action: 05/16/2008 - Referred: Ways and Means (H) Bill Text
HB 2521 - EARNED INCOME TAX CREDIT ACT - Oxford, Jeanette Mott
Establishes the Missouri Earned Income Tax Credit Act which authorizes an individual income tax credit equal to 20% of any earned income tax credit claimed by the taxpayer on his or her federal income tax return
Latest Action: 05/16/2008 - Referred: Special Committee on Job Creation & Eco Dev (H) Bill Text
HB 2502 - TAX CREDITS FOR ATHLETIC TEAMS - Roorda, Jeff
Specifies that a professional athletic team will be ineligible for state income tax credits if it is a member of a league that does not ban athletes for testing positive for anabolic steroids
Latest Action: 05/16/2008 - Referred: Special Committee on Job Creation & Eco Dev (H) Bill Text
HB 2470 - ECONOMIC DEVELOPMENT PROGRAMS - Flook, Tim
Changes the laws regarding economic development and assistance including the establishment of the Community Assistance Program, the Small Business Incubators Act, and the Development Tax Credit Program
Latest Action: 04/23/2008 - Rules - Reported Do Pass (H) Bill Text
HB 2458 - EDUCATIONAL TAX CREDITS - Jones, Timothy W.
Establishes the Children's Education Freedom Act which authorizes a 50% tax credit for taxpayers who donate to a scholarship-granting organization under certain circumstances
Latest Action: 05/16/2008 - Referred: Ways and Means (H) Bill Text
HB 2411 - INCOME TAX CREDIT FOR RECYCLING - Spreng, Michael
Authorizes an income tax credit equal to 75% of the costs of recycling reusable waste material from construction
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