Missouri SB1336 authorizes a tax credit for first-time home buyers purchasing certain properties.
Missouri SB1336 authorizes a tax credit for first-time home buyers purchasing certain properties. The credit is equal to five thousand dollars and applies to properties that meet specific criteria, such as being vacant for at least six months and blighted. The credit is non-refundable and can be carried forward if unused. The program will automatically sunset six years after its effective date unless reauthorized.
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