SPONSOR: Amato
COMMITTEE ACTION: Voted "Do Pass" by the Special Committee on Public Policy by a vote of 6 to 0. Voted "Do Pass" by the Standing Committee on Rules- Administrative Oversight by a vote of 9 to 0.
Currently, the cumulative amount of tax credits which may be allocated to all taxpayers contributing to a local food pantry is $1.75 million. This bill increases the amount to $3 million and extends the sunset from December 31, 2026 to December 31, 2030.
This bill is similar to HCS HB 653 (2023).
PROPONENTS: Supporters say that this tax credit was created to help food pantries increase donations. In recent years, donors have not been able to receive the entire tax credit because the maximum amount of credits have been reached. This bill would help increase donations to food pantries, thereby increasing food security for low income Missourians, by increasing the cap on donations.
Testifying in person for the bill were Representative Amato; and Feeding Missouri.
OPPONENTS: There was no opposition voiced to the committee.
Written testimony has been submitted for this bill. The full written testimony and witnesses testifying online can be found under Testimony on the bill page on the House website.
Statutes affected: