The "Law Enforcement Strategic Support Act," or "LESS Crime Act," proposes the addition of a new section, 135.590, to Missouri law, which will provide tax credits for contributions made to qualified law enforcement foundations. These foundations are defined as nonprofit organizations that support local law enforcement and maintain 501(c)(3) status. The bill outlines key definitions and eligibility criteria for taxpayers to claim tax credits based on their filing status and contribution amounts. Tax credits can be claimed for contributions made starting January 1, 2027, with limits of $5,000 for single filers and $10,000 for married filers, and a total cap of $75 million in tax credits available per calendar year. The bill also includes provisions for the administration of these tax credits, such as preapproval processes and reporting requirements for law enforcement foundations. It prohibits taxpayers from designating contributions for specific purposes or receiving direct benefits in exchange for their contributions. Additionally, it mandates that applications for tax credits will be rejected if a law enforcement foundation's status has been revoked, and any unspent funds must be transferred to a qualified foundation within thirty days. The department of revenue is empowered to create rules for compliance, and a sunset clause is included, stating the program will expire six years after its effective date unless reauthorized. Tax credits issued before the sunset can still be claimed in subsequent tax years.

Statutes affected:
Introduced (6033H.01): 135.590