Bill > HB1236

This bill creates a new tax credit program for volunteer drivers who provide transportation services for qualified nonprofit organizations. The bill defines key terms such as "qualified organization" (a 501(c)(3) tax-exempt nonprofit), "volunteer driver" (a licensed driver providing transportation without expecting salary or profit), and establishes that for tax years beginning January 1, 2026, taxpayers can claim a tax credit equal to the standard business mileage rate published by the Internal Revenue Service. The tax credit is capped at $3,000 per tax year (with annual inflation adjustments) and cannot be refunded or transferred, but can be carried forward for up to three subsequent tax years. The total amount of tax credits authorized statewide is limited to $1 million per fiscal year, and taxpayers cannot claim credits for miles already deducted or reimbursed elsewhere. The tax credit program is set to automatically expire on December 31, 2031, unless reauthorized by the Missouri General Assembly, and the state Department of Revenue is authorized to create rules for implementing the program. The bill aims to support nonprofit organizations by providing a financial incentive for individuals who volunteer their time and resources for transportation services.

https://house.mo.gov/Bill.aspx?bill=HB1236&year=2025&code=R