Missouri SB1044 authorizes a tax credit for employers providing services to homeless persons.
Missouri SB1044 creates a tax credit for eligible taxpayers who provide employment services, employment, or housing to homeless persons. Eligible taxpayers must be certified by the Department of Economic Development as qualified providers. The tax credit is limited to $10,000 per tax year and cannot exceed $1 million annually. The program will sunset on December 31, 2032, unless reauthorized.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.