Establishes the "Zero-Cost Adoption Fund Act" which establishes a fund to offset costs associated with adoption and a tax credit for any person who contributes to the fund

HB 1012 establishes Missouri's "Zero-Cost Adoption Fund" to cover adoption-related costs for residents. It creates a tax credit allowing individuals or businesses contributing cash donations (over $10,000) to the fund to claim a 100% credit against their state income tax, capped at 50% of their tax liability. The fund, financed by these contributions, directly assists adoptive families by covering nonrecurring adoption expenses and postadoption services, while also supporting adoption recruitment and foster care prevention programs. The program has annual funding limits ($25 million initially, rising to $75 million with inflation) and will sunset automatically after six years unless reauthorized.