Bill > HB1730

This bill modifies provisions related to the food pantry tax credit in Missouri. Specifically, it increases the annual cap on the cumulative amount of tax credits that can be allocated to all taxpayers contributing to a local food pantry, local soup kitchen, or local homeless shelter from $1.75 million to $3 million. It also extends the sunset date of the program from December 31, 2026 to December 31, 2030, and adds a provision that if the program is reauthorized after 2030, it will automatically sunset 12 years after the effective date of the reauthorization. The bill defines key terms such as "local food pantry," "local soup kitchen," and "local homeless shelter," and outlines the eligibility requirements and process for claiming the tax credit.