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

Summary

The bill changes how the Missouri Empowerment Scholarship Accounts tax credit works. It caps the total credits available each year at $75 million, limits each credit to 50% of a taxpayer’s state tax bill, and adds carry‑forward and limited carry‑back rules. It also makes the credit contingent on sufficient state funding for school transportation.

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