SB1091

Missouri SB1091 authorizes a refundable child tax credit for qualified taxpayers.

Missouri SB1091 establishes a refundable child tax credit for qualified taxpayers. The credit is available for each qualified child under the age of 18 who lives with the taxpayer for more than half the tax year. The credit amount is $7,200 for children under seven years old and $3,600 for children aged seven to 17. The Department of Revenue will accept applications for advanced monthly payments starting October 1, 2026, for the 2027 tax year. The program will sunset six years after its effective date unless reauthorized by the General Assembly.