MO HB1537

Establishes a tax credit for reserve public safety officers (reserve law enforcement, firefighters, and certified public safety personnel) who work without compensation for agencies other than their primary employer.

Allows a tax credit of $10 per hour worked in reserve status, capped at $250 per month and $3,000 per taxable year, applicable to taxable years beginning January 1, 2011 or later.

Limits the tax credit to the taxpayer's actual state income tax liability; unused credits may be carried forward up to four subsequent taxable years but are not refundable or transferable.

Authorizes the Department of Revenue to promulgate rules implementing the program under Chapter 536 rulemaking procedures.

Includes a sunset provision requiring reauthorization by the General Assembly six years after the effective date, with a 12-year sunset following any reauthorization.