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SECOND REGULAR SESSION
HOUSE BILL NO. 3337
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE KIMBLE.
7189H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o amend chapter 135, RSMo, by adding thereto one new section relating to a renewable
ener gy tax credit.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be
2 known as section 135.1015, to read as follows:
135.1015. 1. As used in this section, the following terms mean:
2 (1) "Qualified res idential solar prop erty", all pr operty that qualifies for the
3 federal r esidential energy pr operty tax cr edit authorized under Section 25D of the
4 Internal Revenue Code of 1986, as amended, that is installed on a home located in the
5 state to prod uce electricity fr om sunlight, including inverters, solar panels, utility
6 meters, and other associated devices;
7 (2) "Qualified res idential solar pr operty expenditur es", for any qualified
8 taxpayer in a given tax year , the amount spent on qualified res idential solar pr operty
9 that also qualifies for the federal res idential energy pro perty tax cred it authorized
10 under Section 25D of the Internal Revenue Code of 1986, as amended;
11 (3) "Qualified taxpayer", any individual subject to the state income tax imposed
12 under chapter 143 who has qualified res idential solar prop erty expenditures that qualify
13 for the res idential energy pro perty tax cr edit under Section 25D of the Internal Revenue
14 Code of 1986, as amended;
15 (4) "T ax cre dit", a cr edit against the tax otherwise due under chapter 143,
16 excluding withholding tax imposed under sections 143.191 to 143.265.
EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.
17 2. A qualified taxpayer shall be allowed to claim a tax cred it under this section
18 against the taxpayer's state tax liability in the following amounts:
19 (1) For all tax years beginning on or after January 1, 2027, but on or before
20 December 31, 2032, thirty per cent of the qualified resid ential solar pro perty
2 1 expenditur es made by the qualified taxpayer during such year;
22 (2) For all tax years beginning on or after January 1, 2033, but on or before
23 December 31, 2033, thirty-five percen t of the qualified r esidential solar pr operty
24 expenditur es made by the qualified taxpayer during such year; and
25 (3) For all tax years beginning on or after January 1, 2034, forty percen t of the
26 qualified res idential solar pr operty expenditures made by the qualified taxpayer during
27 such year .
28 3. T ax cr edits issued under the pr ovisions of this section shall be refu ndable but
29 no tax cred it claimed under this section shall be carried forward to any subsequent tax
30 year .
31 4. No tax credit claimed under this section shall be assigned, transferred, sold, or
32 otherwise conveyed.
33 5. The department of rev enue shall pr omulgate all necessary rules and
34 r egulations for the administration of this section including, but not limited to, rules
35 r elating to the verification of a taxpayer's qualified amount. Any rule or portion of a
36 rule, as that term is defined in section 536.010, that is crea ted under the authority
37 delegated in this section shall become effective only if it complies with and is subject to
38 all of the pr ovisions of chapter 536 and, if applicable, section 536.028. This section and
39 chapter 536 are nonseverable and if any of the powers vested with the general assembly
40 pursuant to chapter 536 to revi ew , to delay the effective date, or to disappr ove and annul
41 a rule are subsequently held unconstitutional, then the grant of rulemaking authority
42 and any rule prop osed or adopted after August 28, 2026, shall be invalid and void.
43 6. Under section 23.253 of the Missouri sunset act:
44 (1) The prov isions of the new pr ogram authorized under this section shall sunset
45 December thirty-first six years after the effective date of this section unless reauthori zed
46 by an act of the general assembly; and
47 (2) This section shall terminate on September first of the calendar year
48 immediately following the calendar year in which the pr ovisions authorized under this
49 section are sunset.
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