HB 864 -- Income Tax Credit for Medical Personnel and Teachers

Sponsor:  Guest

Beginning January 1, 2007, this bill authorizes an individual
income tax credit equal to 20% of the cost of educational
improvements for health care professionals and teachers in any
urban or rural area in which 50% or more of the students enrolled
in the school district are eligible for the reduced school lunch
program.  The teacher or medical professional must have worked in
the eligible community for at least six years.  The tax credit is
not transferable or refundable.

The provisions of the bill will expire on December 31 six years
from the effective date.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am