Bill > HB2449

This bill establishes the "Missouri Parental Choice Tax Credit Act," which creates a tax credit for qualified taxpayers who incur eligible education expenses for qualified students attending qualified schools (such as private schools, home schools, or parochial schools) instead of public schools. The tax credit would be available for tax years beginning on or after January 1, 2027, and would cover expenses like tuition, textbooks, curriculum, instructional materials, testing fees, tutoring services, summer programs, technological devices, and educational therapies. The credit amount is limited to the lesser of the total qualified education expenses or the state adequacy target, and it will be prorated if the student was enrolled in a public school for part of the year. Qualified taxpayers must be Missouri residents, parents or legal guardians of the student, and cannot participate in the Missouri empowerment scholarship accounts program for the same student. The tax credit is refundable, cannot be transferred, and will be subject to potential audits by the Missouri Department of Revenue. Importantly, certain consumable school supplies and expenses related to public school activities are explicitly excluded from eligible expenses.

https://house.mo.gov/Bill.aspx?bill=HB2449&year=2026&code=R