Budget & Taxes

in committee · Missouri · House Apr 29, 2026

HB 2713: Modifies provisions relating to tax credits

HB 2713 creates a 25% tax credit for Missouri meat processing facilities making qualifying modernization or expansion investments (like new equipment, building upgrades, or software). It directly affects small meat processors with fewer than 500 combined employees in Missouri, allowing them to claim up to $75,000 annually in tax credits against their state tax liability. The credit covers expenses for facility improvements, equipment, and technology used exclusively for meat processing, with a total annual cap of $2 million for all claims. The program runs through 2028, requires state authority approval, and mandates verification that facilities actually expanded production within three years.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for small meat processors, reducing tax liability and promoting business investment via targeted tax relief.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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in committee · Missouri · House Mar 12, 2026

HB 2654: Creates tax credits for certain capital investments

HB 2654 creates tax credits for companies making new capital investments in the state, directly affecting businesses planning significant projects. To qualify, a company must commit to spending at least $50 million on new investments within two years, with credits covering up to 2.5% of that investment over a three-year period. Companies must submit a notice of intent, provide annual reports on jobs created and investment details, and cannot use these credits for projects already covered by other programs. Data storage centers are explicitly excluded from eligibility under this bill.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax credits for large businesses ($50M+ investments), reducing state revenue; aligns with 'tax breaks primarily for wealthy' indicator.85% confidence

Sub-Topics Business Taxes Debt & Bonds Tax Incentives Tags Economic Development

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introduced · Missouri · House Nov 25, 2025

HB 7: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Economic Development, the Department of Commerce and Insurance, and the Department of Labor and Industrial Relations

HB 7 allocates $9.04 million for Missouri's Department of Economic Development to fund regional engagement, minority inclusion programs, and business recruitment for the 2025-2026 fiscal year. It also includes a $10 million one-time appropriation for highway maintenance on Route MM near I-44. The bill directs specific funding to existing state departments and programs, with all money to be spent only as permitted under Missouri's constitution. This is a routine funding allocation, not a new policy.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $9.04M to Economic Development programs and $10M for highway maintenance, funding existing state departments as routine budget allocation per Missouri's constitution.90% confidence ✓ TransportationSupports TransportationAllocates $10M specifically for highway maintenance on Route MM near I-44, directly funding transportation infrastructure as defined in the topic.95% confidence

Sub-Topics Appropriations Roads & Highways

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in committee · Missouri · House Apr 29, 2026

HB 2859: Reduces the assessment percentage of certain personal property and provides a personal property tax exemption for certain personal property upon adoption of a constitutional amendment authorizing such exemption

HB 2859 reduces the tax assessment rate for specific personal property in Missouri. It lowers the percentage used to calculate taxes on qualifying farm machinery and motor vehicles (manufactured 10+ years prior) from 33.3% down to 16% by 2041, phased annually starting in 2027. The bill directly affects owners of these older farm and vehicle assets, who would see lower annual property tax bills once the tax rate reductions take effect. The law also provides a full tax exemption for these items if Missouri voters approve a related constitutional amendment.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces property tax assessment rate for qualifying farm machinery/vehicles, providing direct tax relief per support indicators.95% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · Missouri · House Apr 29, 2026

HB 3095: Modifies a provision relating to a tax credit for new business facilities

HB 3095 modifies tax credit eligibility for new business facilities, specifically affecting headquarters facilities. It extends the cutoff for eligibility from 2031 to 2041 for headquarters facilities to receive incentives under sections 135.100-135.150. The bill also allows headquarters expansions meeting minimum thresholds (25+ new employees and $1 million+ investment) to count as separate new facilities for credit purposes. Additionally, it clarifies that multiple noncontiguous buildings within the same county or municipality count as a single facility for eligibility.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExtends tax credits for business facilities, reducing state tax revenue and weakening budget management.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Economic Development

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vetoed · Missouri · House Jun 30, 2026

HB 2005: Appropriates money for the expenses, grants, refunds, and distributions of the Office of Administration, the Department of Transportation, the Department of Conservation, the Department of Public Safety, and the Chief Executive's Office

HB 2005 is Missouri's fiscal year 2026-2027 state budget bill, allocating $3.33 million from the General Revenue Fund to fund specific state operations and programs for the 2026-2027 fiscal year. It directly provides funding for the Office of Administration's Commissioner's Office ($1.28M), the Office of Equal Opportunity ($481K), the Prescription Drug Monitoring Program ($1.47M), and the America 250 Missouri Commission ($100K). The bill also allocates $18.08 million for the Office of Administration's IT division, including $62.45 million from a dedicated technology trust fund for statewide IT systems and infrastructure. This is a routine funding measure that authorizes state departments to spend designated amounts for their operations and specific programs, with minor flexibility provisions allowing limited reallocation between budget categories.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $3.33M to fund state programs including Prescription Drug Monitoring Program and Office of Equal Opportunity, directly supporting budget allocation.90% confidence ✓ HealthcareSupports HealthcareAllocates $1.47M to Prescription Drug Monitoring Program (PDMP), a healthcare initiative targeting prescription drug abuse prevention and patient safety.95% confidence

Sub-Topics Appropriations Revenue State Budget Prescription Drugs

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in committee · Missouri · House May 15, 2026

HB 2664: Establishes the "MO GIVES Program" to allow members of the Missouri National Guard to receive living donor medical orders

HB 2664 establishes the "MO GIVES Program" to provide Missouri National Guard members who donate organs with guaranteed paid leave during their donation process. The program covers up to 45 days of paid status (extendable if medically necessary), exempts members from using personal leave, and provides per diem and housing allowances based on rank and location. To qualify, members must be in Troop Program Unit or Individual Ready Reserve status, in good standing, and either lack employer donor leave or choose not to use it. Benefits are funded through a dedicated "MO GIVES Fund" created in the state treasury, which can accept private or federal contributions and retains unspent funds at biennium end.

Topics ✓ Budget & TaxesSupports Budget & TaxesFunds a state program (MO GIVES) providing paid leave and allowances for National Guard organ donors, increasing government spending on military personnel benefits.90% confidence ✓ HealthcareSupports HealthcareProvides paid leave and allowances for organ donors, enhancing healthcare access and reducing barriers to donation within military healthcare services.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides guaranteed paid leave (up to 45 days) for organ donation, expanding workplace benefits for National Guard members, directly advancing worker benefit protections.90% confidence

Sub-Topics Paid Leave

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in committee · Missouri · House Mar 25, 2026

HB 2672: Establishes the "Missouri Disabled Veterans Personal Property Tax Credit Act", authorizing counties to adopt a personal property tax credit for certain disabled veterans who own up to two motor vehicles

HB 2672 creates the "Missouri Disabled Veterans Personal Property Tax Credit Act," allowing counties to offer a tax credit on personal property taxes for qualifying disabled veterans who own up to two vehicles. The credit equals the veteran's U.S. Department of Veterans Affairs disability rating (up to 100%), directly benefiting Missouri veterans with a 70% or higher service-connected disability rating who reside in adopting counties. Counties must voluntarily adopt the credit via local ordinance, and the credit reduces the veteran's tax bill without changing the vehicle's assessed value or tax rate. Veterans must provide annual proof of disability rating and vehicle ownership, and the credit does not apply to taxes for the blind pension fund. Counties decide whether to implement the credit, with no requirement for statewide adoption.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for disabled veterans, reducing their property tax burden, aligning with tax relief for lower-income veterans per bill's intent to offset disability-related costs.95% confidence ✓ VeteransSupports VeteransBill creates tax credit for disabled veterans (70%+ VA rating) via county adoption, directly reducing property tax burden for qualifying veterans.95% confidence

Sub-Topics Pensions Property Tax Tax Credits Veteran Benefits Veteran Healthcare

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passed · Missouri · House May 7, 2026

HB 2944: Modifies provisions relating to the local senior citizen homestead tax credit

HB 2944 modifies Missouri's senior citizen homestead tax credit to help eligible residents aged 62+ who own their primary residence. It defines the credit amount as the difference between a taxpayer's current property tax bill and their "initial credit year" tax bill, automatically applying this credit annually without requiring reapplication after initial qualification. Counties can choose to implement the credit through a local ordinance or voter referendum, and must apply it to reduce the taxpayer's annual property tax liability. The credit continues automatically until the senior moves or dies, with special rules for home improvements or property annexation affecting the initial tax calculation.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for seniors via automatic credit application, reducing taxable burden for eligible residents aged 62+.90% confidence

Sub-Topics Property Tax Tax Credits Tags Seniors

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in committee · Missouri · House Mar 4, 2026

HJR 174: Proposes a constitutional amendment relating to taxation

HJR 174 proposes a constitutional amendment that would allow Missouri to eliminate its individual income tax by 2031 if specific revenue targets are met, while requiring the state to offset any revenue lost from this change. It prohibits expanding sales taxes to new services beyond those taxed in 2015 and mandates that local governments reduce other taxes (like property or sales taxes) if they expand the sales tax base to fund income tax elimination. The amendment also requires the state to adjust sales tax rates to maintain historical revenue levels after 2028 and exempts certain tax increases from revenue caps. This is a proposed amendment requiring voter approval, not current law, and does not affect existing tax debts or taxes on businesses, trusts, or estates.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates individual income tax by 2031 with revenue offsets, providing tax relief while mandating fiscal responsibility and prohibiting expanded sales taxes.95% confidence

Sub-Topics Income Tax Sales Tax

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