MO HB288

Repeals section 135.630 and 135.647 of Missouri Revised Statutes and enacts replacement sections relating to tax credits for pregnancy resource center contributions and donated food to local food pantries.

Removes the provision allowing taxpayers to assign, transfer, sell, or otherwise convey pregnancy resource center tax credits without consent or approval.

Eliminates the sunset provision for the pregnancy resource center tax credit program, which was previously scheduled to expire six years after August 28, 2006, unless reauthorized.

Eliminates the sunset provision for the local food pantry tax credit program, which was previously scheduled to expire four years after August 28, 2007, unless reauthorized.

Maintains existing tax credit provisions including the 50% credit for pregnancy resource center contributions (capped at $50,000 annually) and 50% credit for food donations to local food pantries (capped at $2,500 annually), with a cumulative fiscal year cap of $2 million for each program.