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

HB 3037 modifies Missouri's tax credit program for donations to scholarship organizations, allowing taxpayers to claim a 100% credit for contributions (up to 50% of their state tax liability) toward scholarships. The bill sets a $75 million annual cap on total credits, adjusted yearly based on state education funding changes, with unused credits carryable forward for up to four years. Donors cannot designate which student receives a scholarship, and the program activates only when transportation funding meets specific thresholds tied to 2021 levels. This affects taxpayers donating to educational assistance organizations seeking to fund student scholarships through state tax incentives.