MO HB1172

Repeals and replaces section 135.1150 (RSMo) to modify the Residential Treatment Agency Tax Credit Act, changing the program's sunset date to December 31, 2015, with the section terminating September 1, 2016.

Establishes a new "Developmental Disability Care Provider Tax Credit Program" (section 135.1180) allowing tax credits equal to 50% of eligible donations made to qualified developmental disability care providers, effective for taxable years beginning January 1, 2012.

Permits taxpayers including individuals, corporations, insurance companies, and financial institutions to claim tax credits against state income taxes (chapters 143, 147, 148), with credits capped at the taxpayer's state income tax liability and carryforward to four subsequent years.

Requires qualified providers (accredited by COA, JCAHO, or CARF, or under contract with Missouri departments of social services or mental health) to submit applications including donation documentation and payment equal to the tax credit value to receive certificates from the Department of Social Services.

Sets program sunset date of December 31, 2016, with automatic 12-year extension if reauthorized, and allows tax credits to be assigned, transferred, or sold with notarized endorsement.