MO SB65

Establishes the "Equal Opportunity Scholarship Program" providing scholarships to students residing in unaccredited school districts to attend qualifying nonpublic elementary or secondary schools, with eligibility continuing until high school graduation

Creates a 75% tax credit for taxpayers who make qualifying contributions to certified educational assistance organizations, with credits transferable and carrying forward up to four years

Caps total annual tax credits at $50 million, adjusted annually for inflation based on the Midwest consumer price index

Requires educational assistance organizations to spend at least 90% of qualifying contribution revenues on scholarships, with administrative expenses capped at a sliding scale (10% of first $100,000, decreasing to 3% thereafter)

Includes automatic sunset provision six years after effective date unless reauthorized by the General Assembly, with the Joint Committee on Education required to conduct a five-year study of program impacts