Bill > HB3268

This bill establishes a new tax credit for businesses in Missouri that provide services to homeless individuals, effective for tax years beginning on or after January 1, 2027. The "Department" refers to the department of economic development, which will be responsible for certifying "eligible taxpayers" as qualified providers of employment services, employment, or housing to homeless persons. To qualify for employment services, a taxpayer must offer training or services specifically aimed at helping homeless individuals find jobs. To qualify for employment, a taxpayer must provide jobs of at least 28 hours per week at or above the state minimum wage to homeless individuals. To qualify for housing, a taxpayer must lease, rent, or provide free residential housing to homeless individuals. The tax credit is capped at $10,000 per taxpayer per year and cannot be refunded or transferred, though it can be carried forward for three years. The total amount of tax credits issued annually will not exceed $1 million, and the program is set to automatically sunset on December 31, 2032, unless reauthorized by the General Assembly.

https://house.mo.gov/Bill.aspx?bill=HB3268&year=2026&code=R