FIRST REGULAR SESSION
HOUSE BILL NO. 751
91ST GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES KENNEDY AND BOYKINS (Co-sponsors).
Read 1st time February 12, 2001, and 1000 copies ordered printed.
TED WEDEL, Chief Clerk
AN ACT
To amend chapter 161, RSMo, by adding thereto one new section relating to the department of elementary and secondary education.
Section A. Chapter 161, RSMo, is amended by adding thereto one new section, to be known as section 161.709, to read as follows:
161.709. For tax years beginning on or after January 1, 2001, 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
two 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