Modifies provisions of the "Missouri Empowerment Scholarship Accounts Program" tax credit

Summary

The bill replaces the current tax credit for contributions to educational assistance organizations with a new version that gives a credit equal to the full contribution but limits it to 50 % of a taxpayer’s state tax liability. It caps total credits at $75 million per year (adjusted for changes in state school aid), allows credits to be carried forward up to four years (and back one year for contributions after 2027), and creates a first‑come, first‑served allocation system managed by the state treasurer. The measure did not pass.

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