MO HB2655

Expands Missouri's existing tax credit program for hosting sporting events to include "academic events" such as spelling bees, debate tournaments, academic quiz competitions, school trips, and other education-related student activities occurring on or after January 1, 2017

Adds academic organizations as eligible site selection organizations, including the Mathematical Association of America, National Academic Quiz Tournaments, National Speech & Debate Association, National Spelling Bee, and US Chess Federation

Provides a refundable tax credit equal to the lesser of 100% of eligible costs or $5 per admission ticket sold, capped at $3 million per fiscal year for event support credits

Offers a separate 50% tax credit for eligible donations to certified sponsors or local organizing committees, capped at $10 million per fiscal year, with unused credits carried forward up to two years

Extends the support contract certification deadline from August 28, 2019 to August 28, 2022, and resets the program's sunset provision to six years after the bill's effective date