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MO SB163
Bill
Status
1/7/2015
Primary Sponsor
Jamilah Nasheed
Click for details
AI Summary
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Missouri residents may claim a $300 tax credit per dog or cat adopted from a licensed animal shelter, contract kennel, or pound, effective for tax years beginning January 1, 2016
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Taxpayers who return an adopted animal within one year of adoption are ineligible for the credit and must repay any credit previously received
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The credit is non-refundable and cannot be carried back to previous tax years or forward to subsequent tax years
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Tax credits require a legislative appropriation before they can be issued
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The Department of Revenue is directed to promulgate rules implementing the program
Legislative Description
Creates a tax credit for adoption of dogs or cats from a shelter
Last Action
Second Read and Referred S Ways and Means Committee
1/29/2015