Bill > HB1782

This bill removes the sunset (expiration) provisions for the "Donated Food" food pantry tax credit, which provides tax incentives for donations to local food pantries, soup kitchens, and homeless shelters. The bill maintains the existing tax credit program that allows taxpayers to receive a 50% tax credit for cash or food donations to qualifying nonprofit organizations (those exempt under IRS 501(c)(3) status) that serve low-income or homeless populations in Missouri. The tax credit is capped at $2,500 per taxpayer and can be carried forward for up to three years if not fully used in a single tax year. The total annual allocation for these tax credits remains at $1.75 million, and donors must verify contributions on their income tax returns. By removing the sunset clause, the tax credit program will continue indefinitely without a scheduled expiration date, ensuring ongoing support for local food assistance organizations. The bill also specifies that food donations must be of acceptable quality (not expired) and can be valued at fair market or wholesale value depending on the donor's business type.

https://house.mo.gov/Bill.aspx?bill=HB1782&year=2026&code=R