Authorizes a tax credit for certain solar property expenditures
Referred: Emerging Issues(H)
Summary
The bill would let Missouri residents who buy and install qualified solar panels and related devices claim a credit against their state income tax. The credit would start at 30% of the cost for installations in 2027‑2032, rise to 35% for 2033, and reach 40% for 2034 and later. The credit is refundable, cannot be carried forward, and the program would end six years after it begins unless renewed.
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