MO SB1451

Increases income eligibility limits for the Fast Track Workforce Incentive Grant from $80,000 to $100,000 for married filing joint taxpayers and from $40,000 to $50,000 for all other taxpayers

Adds automatic annual inflation adjustments to income thresholds based on the Consumer Price Index beginning January 1, 2027

Grants cover tuition and fees for eligible students pursuing certificates, undergraduate degrees, or industry-recognized credentials in designated workforce shortage areas at approved Missouri institutions

Recipients must be 25 years or older, or have not been enrolled in postsecondary education for two years, and must complete three years of qualifying employment in Missouri after graduation

Program administered by the Coordinating Board for Higher Education with automatic sunset on August 28, 2029 unless reauthorized