Missouri HB2955 authorizes a tax credit for employers providing services to homeless persons.
HB2955 establishes a tax credit for eligible taxpayers who provide employment services, employment, or housing to homeless persons. The Department of Economic Development will certify qualified providers and issue eligibility certificates. The tax credit is limited to $10,000 per tax year and $1 million per fiscal year. Certifications are valid for twelve months and can be renewed. The program will sunset on December 31, 2032, unless reauthorized.
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