Missouri 2026 Regular Session

Missouri House Bill HB3268

Caption

Authorizes a tax credit for providing services to homeless persons

Impact

The introduction of HB 3268 could significantly impact state tax laws by creating a new avenue for tax relief aimed at organizations serving the homeless. With this measure, the state would be recognizing the importance of direct assistance to vulnerable populations and could potentially decrease the financial burden on non-profit organizations and service providers. This move may also align with broader state objectives of reducing homelessness, improving public health outcomes, and fostering community well-being.

Summary

House Bill 3268 aims to authorize a tax credit for entities that provide services to homeless persons. This legislative effort is designed to incentivize organizations and individuals to engage in activities that support the homeless population, whether it be through shelter provision, healthcare services, or employment opportunities. By offering a tax credit, lawmakers hope to encourage greater participation in programs that address homelessness and to promote initiatives that can lead to long-term solutions for those in need.

Contention

While the objective of providing support to the homeless is broadly acknowledged, points of contention may arise regarding the allocation of tax funds and the effectiveness of such credits. Critics might question whether tax credits are the most effective method for addressing homelessness or if they could lead to misuse by entities not truly committed to the cause. Additionally, there could be concerns over how the program will be monitored and evaluated to ensure that it fulfills its intended purpose without creating unintended consequences.

Companion Bills

No companion bills found.

Previously Filed As

MO SB129

Authorizes a tax credit for providing services to homeless persons

MO SB455

Authorizes tax credits for child care

MO SB205

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

MO SB817

Authorizes a tax credit for certain charitable donations

MO HB269

Authorizes the "Child Care Contribution Tax Credit Act", the "Employer-Provided Child Care Assistance Tax Credit Act", and the "Child Care Providers Tax Credit", relating to tax credits for child care

MO SB195

Authorizes a tax credit for certain educational expenses

MO SB53

Authorizes a tax credit for certain educational expenses

MO HB833

Authorizes the "Volunteer First Responder Tax Credit", relating to tax credits for certain first responders

MO HB859

Authorizes an income tax deduction for amounts paid towards tangible personal property taxes

MO SB415

Authorizes a tax credit for contributions to certain benevolent organizations

Similar Bills

CA AB1924

Statewide homelessness prevention strategy.

CA AB1899

Office of Youth Homelessness Prevention.

NJ SJR115

Designates November of each year as "New Jersey Homeless Children and Youth Awareness Month."

NJ S3177

Authorizes establishment of municipal homelessness trust funds and adoption of homeless housing plans by municipalities.

HI HCR180

Requesting The Statewide Office On Homelessness And Housing Solutions, Department Of Law Enforcement, Homeless Coordinators Of Each County, County Law Enforcement, And Social Services Providers To Work Collaboratively And Effectively To Address Homelessness In Hawaii.

CA AB654

An act to add Article 6.

AZ HB2533

Homeless services; office; board

NJ A2094

Authorizes establishment of municipal homelessness trust funds and adoption of homeless housing plans by municipalities.