Missouri 2026 Regular Session

Missouri Senate Bill SB1547

Introduced
1/12/26  

Caption

SB 1547

Summary

SB1547 revises Missouri’s benevolent tax credit statutes by adding a new tax credit for stillbirths and by updating several existing charitable contribution credits. The bill creates a $2,200 nonrefundable-but-refundable-through-overpayment credit for each stillbirth beginning with tax years on or after January 1, 2027, if the child otherwise would have qualified as a dependent. It also repeals and reenacts provisions governing credits for donations to shelters for victims of domestic violence, rape crisis centers, maternity homes, pregnancy resource centers, diaper banks, and food-related charities. For the charitable credits, the bill generally increases or restructures the percentage of contributions that may be claimed as credits, raises the per-taxpayer cap to $100,000 annually for several programs, and in some cases removes statewide annual credit caps beginning in 2026. It also adds special 100% credit rates for certain rural facilities or organizations serving rural residents, reflecting a policy preference to direct more support to rural areas. The bill preserves administrative oversight by the Department of Social Services and the Department of Revenue, including annual facility classification, taxpayer verification procedures, and rulemaking authority.

Impact

The bill would substantially amend Chapter 135 of the Revised Statutes of Missouri by repealing and reenacting sections governing benevolent tax credits and adding a new section for stillbirth-related credits. It affects individual and business taxpayers who donate to qualifying nonprofits, as well as the nonprofit facilities themselves, by changing eligibility standards, credit percentages, annual caps, carryforward rules, and reporting requirements. It also expands the role of state agencies in certifying qualifying organizations and administering the credits, while removing or limiting some sunset provisions and statewide credit caps for certain programs.

Sentiment

The available context does not include committee debate or recorded votes, so there is no direct evidence of opposition or support from the legislative record provided. Based on the bill text, the overall policy direction appears favorable to charitable organizations and families affected by stillbirth, with an emphasis on increasing incentives for donations and support services. The inclusion of rural enhancements suggests a broadly supportive framing around access to services in underserved areas.

Contention

The most likely points of contention are the fiscal cost of expanding and in some cases removing caps on tax credits, the policy choice to direct credits toward organizations associated with pregnancy, domestic violence, and anti-abortion services, and the new stillbirth credit’s interaction with existing dependency exemptions. Another possible issue is administrative complexity, since the bill requires agencies to classify facilities, verify contributions, and manage apportionment of limited credits in some programs. The rural-area bonus credits may also raise questions about how rural status is defined and which organizations qualify as serving a large number of rural residents.

Companion Bills

No companion bills found.

Previously Filed As

MO SB817

Authorizes a tax credit for certain charitable donations

MO SB190

Establishes tax credits for certain engineering degrees

MO HB1176

Modifies provisions relating to income tax credits for contributions to pregnancy resource centers, maternity homes, and diaper banks

MO HB798

Modifies provisions relating to taxation

MO HB121

Establishes the "Safe Place for Newborns Fund" for the installation of newborn safety incubators

MO HB326

Modifies provisions of the "Champion for Children" tax credit and the "Donated Food" tax credit relating to tax credit award denials

MO SB205

Authorizes a tax credit for providing housing to victims of domestic violence

MO SB681

Modifies provisions relating to tax credits for contributions to pregnancy resource centers

MO SB95

Modifies provisions relating to tax incentives for certain hygiene products

MO HB235

Tax credits for community improvement

Similar Bills

No similar bills found.