Missouri HB3101 modifies tax credits for contributions to shelters, maternity homes, and diaper banks.
Missouri HB3101 modifies provisions relating to benevolent tax credits. It allows taxpayers to claim tax credits for contributions to shelters for victims of domestic violence or rape crisis centers, maternity homes, and diaper banks. The bill specifies the percentage of the contribution that can be claimed as a tax credit and sets limits on the cumulative amount of tax credits that can be claimed. It also outlines procedures for classifying entities as eligible for these tax credits and allows for the carryover of unused credits to subsequent tax years.
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