Authorizes a tax credit for charitable contributions to certain organizations providing mental health services to veterans
Referred: Emerging Issues(H)
Summary
The bill would let Missouri taxpayers claim a credit equal to 70% of cash, stock, bond, or real‑property donations to qualified nonprofit organizations that deliver mental‑health services to veterans. The credit is non‑refundable, capped at $50,000 per year, and can be carried forward one year if not used. It applies only to contributions of $100 or more beginning with tax years that start on or after Jan. 1, 2027.
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