Tax Credits

Missouri House of Representatives
94th General Assembly, 2nd Regular Session (2008)
Bills Indexed by Subject
Tax Credits

: Authorizes an income tax credit for certain volunteer firefighters

: Increases the maximum amount of tax credits that can be annually authorized to eligible lenders participating in the Farmily Farm Livestock Loan Program

: Increases the cap on the aggregate of certain agricultural tax credits and extends the expiration date for the Missouri Agricultural and Small Business Development Authority to issue tax credits

: Requires individuals or businesses convicted of knowingly accepting any state-administered or subsidized tax credit, tax abatement, or loan while employing illegal aliens to repay the amount to the state

: Authorizes an income tax credit for contributions to nonprofit special needs education support organizations

: Authorizes a tax credit to a taxpayer for 100% of the salary and benefits paid to an employee while on active military duty

: Changes the laws regarding the administration of agricultural incentives and programs

: Authorizes an income tax credit for 50% of the cost of the construction of a storm shelter or $2,000, whichever is less

: Authorizes an income tax credit for 50% of the cost of the construction of a storm shelter or $2,000, whichever is less

: Requires all members of the General Assembly to file a financial interest statement showing whether any state tax credits were claimed on the most recent tax return of the member or the member's family

: Authorizes an income tax credit for up to 50% of the cost to purchase and install idle reduction technology on a class 8 truck

: Authorizes an income tax credit for costs of repairs or losses incurred in a federally and state-declared natural disaster area

: Clarifies that the surviving spouse of a public safety officer can claim an income tax credit for the real property taxes paid for each year he or she remains unmarried beginning when the spouse dies

: Requires any employer convicted of hiring illegal aliens to repay double the value of any state-administered or subsidized tax credit, tax abatement, or loan

: Changes the laws regarding sales and use, property, and motor fuel taxes

: Authorizes an income tax deduction from a taxpayer's Missouri adjusted gross income for 100% of any military retirement income, regardless of age or income

: Establishes Bryce's Law which authorizes a tax credit for individuals who donate to a scholarship-granting organization if the donation is not claimed on their federal income tax return

: Allows taxpayers who use specified types of fuel cell or solar energy to generate electricity for their residences to claim a tax deduction

: Changes the laws regarding the Missouri Public-Private Partnerships Transportation Act and authorizes a sales and use tax exemption on sales and purchases of certain items used in public-private projects

: Authorizes a tax credit equal to 100% of the state sales tax paid on any motor vehicle assembled and purchased in Missouri

: Changes the laws regarding tax incentives for business development

: Authorizes an income tax credit for certain donations to public school foundations

: Authorizes the Motherhood/Fatherhood Stay-at-Home tax credit for certain parents who stay at home to provide care for a child up to 24 months of age

: Establishes the Promoting Missouri Food Products Act and authorizes a tax credit for certain purchasers of Missouri food products

: Authorizes an income tax credit for service as a poll worker

: Increases the annual cap on the amount of tax credits the Department of Economic Development may issue for the Quality Jobs Program from $40 million to $60 million

: Authorizes a tax credit for qualified research costs paid by a qualified Missouri business

: Authorizes an income tax credit for food or cash donations to senior citizen services centers

: Re-authorizes the tax credits for qualified research expenses, establishes the annual cap at $10 million, limits the qualified research activities, and requires that the credits be issued

: Changes the laws regarding tax incentives for certain alternative fuel uses and authorizes an individual income tax deduction for the purchase of a qualified hybrid vehicle

: Exempts any advance refund amount received from the federal Economic Stimulus Act of 2008 from the Missouri individual income tax

: Creates an income tax checkoff for contributions by individuals and corporations to the Breast Cancer Awareness Trust Fund on the annual filing form

: Authorizes an individual income tax credit of $4,000 for each year in which the taxpayer is licensed and employed as a full-time peace officer

: Authorizes an income tax credit equal to 75% of the costs of recycling reusable waste material from construction

: Establishes the Children's Education Freedom Act which authorizes a 50% tax credit for taxpayers who donate to a scholarship-granting organization under certain circumstances

: Changes the laws regarding economic development and assistance including the establishment of the Community Assistance Program, the Small Business Incubators Act, and the Development Tax Credit Program

: Specifies that a professional athletic team will be ineligible for state income tax credits if it is a member of a league that does not ban athletes for testing positive for anabolic steroids

: Authorizes an income tax credit for resident taxpayers who are 65 years of age or older with an adjusted gross income of $9,570 or less

: Establishes the Missouri Earned Income Tax Credit Act which authorizes an individual income tax credit equal to 20% of any earned income tax credit claimed by the taxpayer on his or her federal income tax return

: Establishes the Child Initiative Program and authorizes a tax credit for certain taxpayers who participate in the program

: Specifies that no tax credits can be issued or certified unless approved by the Budget Committee of the House of Representatives and the Senate Appropriations Committee with a specific exception

: Prohibits a taxpayer from carrying certain tax credits back to any of the three prior taxable years

: Changes the laws regarding tax credits for energy producers

SB 717 --- Sponsor: Kennedy, Harry
: Increases the amount of tax credits available for taxpayers who modify their home for disabled persons residing with such taxpayers

SB 718 --- Sponsor: Kennedy, Harry
: Modifies provisions of certain tax credit programs administered by the Department of Economic Development

SB 735 --- Sponsor: Bartle, Matt
: Requires mandatory review and sunset of certain tax credit programs

SB 772 --- Sponsor: McKenna, Ryan Glennon
: Establishes a tax credit for recycling construction waste and directs the Department of Natural Resources to establish and administer construction and demolition waste reduction grants

SB 879 --- Sponsor: Clemens, Dan
: Modifies the maximum amount of certain agricultural tax credits that may be issued each fiscal year and extends the expiration date for the tax credits

SB 898 --- Sponsor: Clemens, Dan
: Modifies provisions pertaining to the administration of agriculture incentives and programs

SB 1028 --- Sponsor: Justus, Jolie L.
: Requires reporting of taxpayer information regarding the utilization of state tax credits

SB 1117 --- Sponsor: Smith, Jeff
: Creates the "Show Me Green" sales tax holiday

SB 1166 --- Sponsor: Dempsey, Tom
: Provides for cost of living increases for Department of Mental Health contracted community providers

SB 1188 --- Sponsor: Shields, Charles W.
: Modifies provisions of the qualified research expense tax credit program

SB 1204 --- Sponsor: Goodman, Jack
: Requires the governor to disclose information regarding tax credits and state contracts

SB 1220 --- Sponsor: Lager, Brad
: Modifies provisions of various state tax credit programs

SB 1234 --- Sponsor: Shields, Charles W.
: Modifies provisions of the enhanced enterprise tax benefit program

SB 1262 --- Sponsor: Engler, Kevin
: Modifies and creates provisions pertaining to energy efficiency and energy conservation

SB 1270 --- Sponsor: Shields, Charles W.
: Modifies provisions of the enhanced enterprise tax benefit program

SB 1274 --- Sponsor: Stouffer, Bill
: Creates a tax credit for contributions to mentally retarded and developmental type disability care providers

Missouri House of Representatives
Last Updated May 27, 2008 at 4:57 pm