Authorizes a tax credit for certain charitable donations to local hospital foundations

Summary

The bill would let Missouri taxpayers claim a credit equal to half of their charitable gifts to certain nonprofit hospital foundations, up to $2,500 per year. Credits are capped at $2 million statewide each year, are non‑refundable but can be carried forward for three years, and the program would start in 2027 and end after six years unless renewed.

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