MO HB2759

Creates a 50% tax credit for contributions to qualified 501(c)(3) organizations that assist ex-offenders with reintegration into society and reducing recidivism, effective January 1, 2017

Limits total tax credits to $2 million per calendar year, with contributions processed first-come, first-served; minimum contribution of $100 required to claim credit

Qualified organizations must have operated for more than one year and demonstrate a recidivism rate at least 7% lower than the state average for ex-offenders not in such programs

Tax credits are non-refundable but may be carried forward for up to four succeeding tax years

Program automatically expires December 31, 2022, unless reauthorized by the General Assembly