MO HB1435

Repeals section 135.630, RSMo relating to tax credits for pregnancy resource centers and enacts a replacement provision.

Allows taxpayers to claim a tax credit equal to 50% of contributions made to qualified pregnancy resource centers, effective for tax years beginning January 1, 2007 or later.

Limits tax credit claims to $50,000 per taxpayer per taxable year, with minimum contributions of $100 required to claim the credit.

Caps cumulative tax credits claimed by all taxpayers across all pregnancy resource centers at $2 million per fiscal year, issued on a first-come, first-served basis.

Removes provisions allowing tax credits to be assigned, transferred, sold, or conveyed, and eliminates the sunset date of the program, making it permanent rather than automatically expiring.