HB 527 -- Tax Credits for Disability Care Providers

Sponsor:  Grisamore

This bill establishes the Mentally Retarded and Developmental
Type Disability Care Provider Tax Credit Program which
authorizes, beginning January 1, 2010, a tax credit equal to 50%
of the amount a taxpayer donated to a provider that assists the
mentally retarded or persons with developmental disabilities.
The tax credit is nonrefundable but can be carried forward four
years or transferred.  To be eligible for the tax credit, the
provider must submit a tax credit authorization form to the
Department of Social Services on behalf of the taxpayer claiming
the credit.

The provisions of the bill will expire six years from the
effective date.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am