MO SB1592

Creates a 70% tax credit for contributions to prevention resource centers, which are nonprofits focused on reducing illegal or age-inappropriate use of alcohol, tobacco, and other drugs

Effective for tax years beginning on or after January 1, 2027

Caps total tax credits at $2.5 million per fiscal year, with individual taxpayers limited to $100,000 in credits per year

Requires minimum contribution of $100 to qualify; unused credits may be carried over to the next tax year only and cannot be transferred or sold

Director of the Department of Mental Health will classify eligible prevention resource centers and report contributor information to the Department of Revenue