SCOTT, NAEGER (Co-sponsors), CRAWFORD, SUMMERS, PRYOR, PHILLIPS, BARNETT, LEGAN,
McCLELLAND, BLACK, BLUNT, MARBLE, PURGASON, CHAMPION, LONG, DOLAN, BERKSTRESSER, BARTELSMEYER, HEGEMAN, GRAHAM (106), LEVIN, ENZ, KASTEN, CIERPIOT, KING, OSTMANN, GASKILL, REINHART, ALTER AND LUETKEMEYER.
Read 1st time January 17, 2000, and 1000 copies ordered printed.
ANNE C. WALKER, Chief Clerk
AN ACT
To amend chapter 135, RSMo, relating to tax relief by adding thereto one new section relating to donations to schools.
Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.342, to read as follows:
Section 135.342. For tax years beginning on or after January 1, 2000, a taxpayer who is a teacher, as defined in
subdivision (11) of section 163.011, RSMo, shall be allowed to claim a credit against the tax otherwise due
pursuant to chapter 143, RSMo, excluding sections 143.191 to 143.265, RSMo, and related provisions, in an
amount equal to the lesser of one hundred dollars or the amount such taxpayer's expenditures during the same
tax year for instructional materials used in the course of such taxpayer's employment as a teacher. A taxpayer
shall claim the credit allowed by this section at the time such taxpayer files a return; provided that, a taxpayer
who fails to timely file such taxpayer's return shall not be eligible for a credit pursuant to this section. The tax
credit allowed pursuant to this section shall be nonrefundable, but may be carried over to the next five succeeding
taxable years until the full credit has been claimed. The department of revenue is authorized to adopt any rules
or regulations deemed necessary for the effective administration of this section. No rule or portion of a rule
promulgated pursuant to the authority of this section shall become effective unless it has been promulgated
pursuant to the provisions of chapter 536, RSMo.
Missouri House of Representatives