Modifies provisions relating to benevolent tax credits

HB 3101 proposes tax credits for Missouri taxpayers who donate to domestic violence shelters or rape crisis centers. Businesses and individuals can claim a credit equal to 50% of donations before July 1, 2022; 70% from July 1, 2022, through 2025; and 100% for donations to rural facilities starting July 1, 2026. Credits cannot exceed $100,000 annually per taxpayer (adjusted for inflation) or the taxpayer’s state income tax liability, with a $2 million total cap before 2022. The Department of Social Services will classify eligible facilities and manage credit allocation, requiring donors to contribute at least $100 annually to qualify. The bill is currently in the early stages of the legislative process.