MO HB2027

Creates the "State Building and Capital Improvement Fund" for construction, repair, renovation, and rebuilding of state buildings, ports, facilities, and infrastructure.

Allows taxpayers to contribute to the fund and receive a tax credit equal to 120 percent of their contribution, with a maximum annual credit of $60,000 per taxpayer.

Permits individuals and corporations to designate at least $10 (single return) or $20 (combined return) of their tax refund to the fund, or make separate contributions of $500 to $50,000 to qualify for the tax credit.

Caps total tax credits authorized per fiscal year at $100 million, with outstanding issued but unredeemed credits not to exceed $300 million per fiscal year.

Establishes a $25 million minimum fund balance requirement before appropriations can be made, with exceptions for emergency building repairs when the state does not receive federal funding.