MO HB1194

Increases the cumulative annual tax credit cap for food pantry donations from $1.25 million to $2 million per fiscal year.

Allows taxpayers to claim a tax credit equal to 50% of the value of cash or food donations made to qualifying local food pantries, with a maximum credit of $2,500 per taxpayer per year.

Requires donated food to not be expired and limits eligibility to taxpayers who do not employ unauthorized workers under federal law.

Permits unused tax credits to be carried forward for up to three subsequent tax years but does not allow refunds for credits exceeding state tax liability.

Applies to donations made on or after January 1, 2007, with the program expiring December 31, 2019, unless reauthorized by the General Assembly.