HB 2809 exempts rental fees for lots, buildings, and amenities at campgrounds from both state and local sales taxes. It specifically applies to properties with five or more campsites used for recreation, camping, travel, or seasonal stays, including recreational vehicle parks. This tax exemption directly affects campground operators by reducing their taxable revenue on these rental services. The bill amends existing tax law to add this exemption without changing other existing tax rules. (Note: The bill was introduced on January 7, 2026, and is pending further action.)
HB 3118 modifies tax credit rules for business contributions to community programs. It allows up to 70% tax credits for donations to approved programs in small communities (under 15,000 residents) or distressed areas, with an annual cap of $6 million. Special provisions apply to affordable housing investments in distressed communities, offering up to 55% tax credits under separate annual limits. The bill affects businesses and financial institutions making qualifying contributions, excluding normal business activities like banking or insurance operations.
HB 3027, the Missouri Defense and Energy Independence Act, creates new sales tax exemptions for businesses producing critical materials (like metals for defense tech) and critical pharmaceuticals. It exempts purchases of materials, equipment, and energy used in manufacturing these items, as well as defense contractors' purchases under federal contracts and large-scale industrial laundries. The bill also exempts construction costs for nuclear security enterprises in cities over 400,000 population, with this exemption expiring August 28, 2034. These tax breaks directly benefit manufacturers and defense-related businesses in Missouri.
HB 3080 modifies Missouri’s historic preservation tax credit program to increase incentives for rehabilitating historic properties. It offers a 35% tax credit for eligible properties in qualifying counties (non-urban areas with high poverty rates), historic schools, or theaters, compared to a 25% credit for other properties. To qualify, rehabilitation costs must exceed 50% of the property’s basis and meet federal Secretary of the Interior standards. The bill also sets a $90 million annual cap on tax credits for non-poverty-area projects and allocates an additional $30 million yearly for projects in high-poverty census tracts.
HB 2007 is a fiscal 2026-2027 appropriations bill that allocates $9.0 million from state funds to the Department of Economic Development for its Regional Engagement Division, including funding for minority inclusion efforts and international trade offices. It also allocates $36.8 million for tax increment financing projects, such as Springfield Jordan Valley Park and Kansas City Bannister Mall, though projects must complete an application process to receive funds. The bill specifies that funds must be used solely for designated purposes, with some flexibility allowed between personal services and expenses in certain sections. This bill provides necessary funding for existing economic development programs without creating new laws or policies.
HB 2731 creates a refundable tax credit for Missouri residents who adopt pets from animal shelters. It allows a credit of up to $125 per adoption (capped at two adoptions per year), covering adoption fees and associated medical/administrative costs. Taxpayers must submit a shelter receipt with their tax return, and the total annual credits are limited to $500,000. The credit is forfeited if the adopted animal is returned, abused, sold, or not properly cared for, with the program set to expire after six years unless renewed.
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.
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.
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.
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.
