Budget & Taxes

died · Missouri · House Jan 7, 2026

HB 2295: Modifies provisions relating to tax credits

HB 2295 increases tax credits for businesses that contribute to community programs in small towns (population ≤15,000) or economically distressed areas, allowing up to 70% of contributions to be refunded. It sets annual limits of $4 million for 1999 and $6 million for 2000 onward, with a $250,000 cap per business unless contributions target impoverished communities (where credits may exceed the cap). The bill restricts credits for financial institutions on routine business activities and establishes a total annual cap of $32 million across all tax credit programs. Businesses claiming housing-related credits must certify tenant income eligibility and housing compliance annually.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases business tax credits for community contributions in distressed areas, providing tax relief and directing funds toward local economic development through targeted fiscal incentives.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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died · Missouri · House Jan 2, 2026

HB 2229: Authorizes the "Missouri No Tax on Car Loan Interest Tax Credit", relating to a tax credit for certain new motor vehicle loan interest payments

HB 2229 creates a Missouri state tax credit for interest paid on new personal vehicle loans meeting specific criteria (e.g., manufactured in the U.S., under 14,000 lbs, purchased after 2025). It allows eligible Missouri residents who paid qualified loan interest (capped at $10,000 annually) to reduce their state income tax liability by that amount, with the credit phased out for taxpayers earning over $100,000 in adjusted gross income. The credit is non-refundable, cannot be carried forward, and expires after 2029 unless renewed. The bill was prefaced in 2025 but withdrawn in January 2026, so it never became law.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state tax liability for eligible residents, aligning with tax relief policy as a direct fiscal incentive.95% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Missouri · House Jan 15, 2026

HJR 132: Proposes a constitutional amendment that exempts buildings under construction from property taxation

HJR 132 proposes a constitutional amendment to exempt buildings under construction from property taxes. Specifically, it would exempt structures classified as "class 1 property" that are not yet usable for their intended purpose due to ongoing construction. This change would directly affect property owners and developers building new commercial or residential structures. The amendment requires voter approval through a constitutional referendum, as outlined in the bill's text.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts construction properties from property tax, reducing government revenue. Directly weakens tax base for state/local budgets.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives

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failed · Missouri · Senate May 5, 2026

SB 1032: Creates an income tax deduction for certain dependents

SB 1032 would create a new income tax deduction for specific dependents, potentially lowering tax bills for eligible taxpayers. The bill's official abstract states it establishes this deduction but does not specify which dependents qualify (e.g., age, relationship) or the deduction amount. As the bill is in early stages (prefiled, referred to committee), no detailed provisions or eligibility criteria are provided in the available context. This summary reflects only the bill's stated purpose from its title and abstract, with no additional details confirmed.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax deduction, reducing tax burden for eligible taxpayers, aligning with tax relief indicators for middle/lower income.85% confidence

Sub-Topics Income Tax

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in committee · Missouri · Senate Feb 11, 2026

SB 1211: Modifies provisions relating to property tax payments

This bill allows Missouri counties to let property owners pay real and personal property taxes in installments (annual, semiannual, or quarterly) instead of a single annual payment. Taxpayers pay based on the previous year's tax amount, with year-end adjustments: they pay extra if underpaid or receive a refund for overpayments (without interest). Counties must refund overpayments once per year and can charge interest only if payments are missed. It directly affects all property taxpayers in counties adopting this system, excluding financial institutions using escrow accounts for tax payments.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax payment flexibility (installments) easing burden for taxpayers, aligning with fiscal responsibility and tax relief indicators in Budget & Taxes.90% confidence

Sub-Topics Property Tax

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in committee · Missouri · House Feb 26, 2026

HB 1785: Modifies provisions relating to an income tax credit for contributions to pregnancy resource centers

HB 1785 creates a state income tax credit for Missouri taxpayers who donate to qualifying pregnancy resource centers. It offers tax credits of 50% (2007-2020), 70% (2021-2026), and 100% (2027+) of donations, up to $50,000 annually per taxpayer. To qualify, centers must provide free, non-abortion services (no abortions performed/referred) and meet strict criteria like in-person support and IRS tax-exempt status. The bill sets annual spending limits on total credits ($2.5M until 2019, then $3.5M until 2021, with no cap after 2021) and requires state verification of center eligibility.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax credits reducing state revenue (50-100% of donations), directly weakening budget through tax expenditure rather than strengthening fiscal management.95% confidence ✓ HealthcareSupports HealthcareBill provides tax credits to fund pregnancy resource centers offering non-abortion health services, directly supporting access to reproductive health care through state incentives.92% confidence

Sub-Topics Income Tax Tax Credits Women's Health

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in committee · Missouri · House Jan 8, 2026

HB 2154: Enacts provisions governing adult student access to virtual schools

HB 2154 allows Missouri adult students (aged 21+, without a high school diploma or equivalent, needing fewer than 12 credits to graduate) to enroll in state-approved virtual school programs offered by school districts or public colleges. The bill establishes a specific funding mechanism where providers receive 14% of the state adequacy target per completed course, paid monthly from state funds separate from regular school revenue. It also prohibits school districts from reporting adult student enrollment data for certain state reports under sections 160.522 or 161.670. This directly affects adult learners seeking diplomas and the school districts or institutions offering these virtual programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates dedicated state funding (14% of adequacy target per course) for adult education virtual schools, explicitly allocating state funds separate from regular revenue.95% confidence ✓ EducationSupports EducationCreates new access for adult students via virtual schools with dedicated state funding (14% of adequacy target per course), directly expanding educational access and providing financial support.92% confidence

Sub-Topics K-12 Education

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in committee · Missouri · House May 15, 2026

HB 2214: Modifies tax incentives for qualified companies to promote industrial manufacturing and infrastructure projects

HB 2214 creates tax incentives for Missouri companies that expand or establish manufacturing or infrastructure projects. Qualified companies can retain up to 6-7% of new payroll tax withholdings for 5-6 years (depending on business status) if they create 10+ new jobs with wages at 90% of county average, or 2+ jobs in rural areas with $100k+ capital investment. Additional tax credits of up to 6% of new payroll are available for qualifying companies, with a total annual benefit cap of 9% of new payroll. The bill also includes special provisions for large manufacturing investments ($500 million+), allowing tax credits of up to $5 million per year for qualifying companies. These incentives aim to attract job-creating projects while requiring companies to meet specific job, wage, and investment thresholds.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly creates new tax incentives (6-7% payroll tax retention) for manufacturing/infrastructure projects, directly advancing tax incentive policy as a core component of Budget & Taxes.95% confidence

Sub-Topics Tax Incentives

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in committee · Missouri · Senate Feb 18, 2026

SJR 102: Modifies provisions relating to taxation

This constitutional amendment, if approved by Missouri voters in 2026, would prohibit state agencies from withholding local tax revenues or imposing financial penalties on counties with property assessments below the state's maximum allowable percentage. It specifically protects counties whose assessments stay within state-determined limits, preventing actions like revenue withholding as punishment for lower valuations. The amendment would require state agencies to comply with existing assessment standards without using punitive measures against compliant counties. This change would take effect only after voter approval, as it amends Missouri's state constitution.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents state withholding of local tax revenues for low property assessments, protecting county fiscal autonomy per tax policy indicators.90% confidence

Sub-Topics Property Tax

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in committee · Missouri · Senate Jan 27, 2026

SB 1341: Authorizes a tax credit for certain educational expenses

SB 1341 would authorize a tax credit for eligible taxpayers who pay certain educational expenses, such as tuition or qualified training costs. The bill would allow these taxpayers to reduce their state income tax liability by a specified amount based on their qualifying expenses. However, the official abstract does not specify which educational expenses qualify, the credit amount, or the exact eligibility criteria for taxpayers. As a prefiled bill (first read on 2026-01-07), it remains under consideration and has not yet become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit reduces state income tax liability for educational expenses, providing tax relief per indicators.85% confidence ✓ EducationSupports EducationBill authorizes tax credit for educational expenses, potentially increasing access/cost relief for taxpayers, though specific details are unspecified.60% confidence

Sub-Topics Income Tax Tax Credits Higher Education Student Financial Aid

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