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SECOND REGULAR SESSION
HOUSE BILL NO. 3359
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE RIGGS.
6742H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o amend chapter 135, RSMo, by adding thereto one new section relating to tax credits for
certain charitable donations.
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 135.655, to read as follows:
135.655. 1. This section shall be known and may be cited as the "STEAM and
2 Robotics W orkfor ce Development and Innovation Act of 2026".
3 2. As used in this section, the following terms mean:
4 (1) "Department", the department of economic development;
5 (2) "Eligible donation", cash; the fair market value of donations of softwar e,
6 hardwar e, tools, supplies, materials, or curriculum; or the imputed monetary value of
7 services render ed in the form of employee hours donated to such pr ograms, up to a
8 maximum of two hundr ed donated hours per year per taxpayer . The monetary value of
9 each hour of donated employee hours shall be the employee's hourly wage or the
10 employee's annual salary divided by one thousand six hundr ed eighty hours;
11 (3) "Eligible pr ogram", a science, technology , engineering, art, and math
12 (STEAM) or rob otics pr ogram offered by a qualified school that serves one or mor e
13 grades K-12, the primary focus of which is STEAM or robo tics education, including
14 workfor ce development, appr enticeship, or mentorship in a STEAM field or the field of
15 r obotics, and that is regist ered with the Missouri department of elementary and
16 secondary education;
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 (4) "Qualified school", an accr edited Missouri public or private school that is an
18 elementary school or high school as such terms ar e defined under section 160.01 1, or K-
19 12 public school district;
20 (5) "T ax cr edit", a cr edit against the tax otherwise due under chapter 143 or 148,
21 excluding withholding tax imposed under sections 143.191 to 143.265;
22 (6) "T axpayer", an individual, partnership, corporation, or other entity subject
23 to the state income tax imposed under chapter 143, or any charitable organization that
24 is exempt fro m federal income tax and whose Missouri unr elated business taxable
25 income, if any would be subject to the state income tax imposed under chapter 143.
26 3. For all tax years beginning on or after January 1, 2027, a qualified taxpayer
27 shall be allowed to claim a tax cr edit against the taxpayer's state tax liability in an
28 amount equal to twenty per cent of the value of all eligible donations made by the
29 taxpayer's during the given tax year , not to exceed fifty thousand dollars per taxpayer
30 per tax year .
31 4. The cumulative amount of tax cr edits allowed to all taxpayers under this
32 section shall not exceed ten million dollars per tax year . If the amount of tax cred its
33 claimed in a tax year under this section exceeds ten million dollars, tax cred its shall be
34 allowed based on the order in which they ar e claimed.
35 5. T ax cre dits issued under the pr ovisions of this section shall not be r efundable,
36 but for tax years wher e the amount of the cred it exceeds the tax liability , the differ ence
37 between the tax credi t and the tax liability may be carried forward for the next seven
38 succeeding tax years or until the full cr edit has been claimed, whichever occurs first.
39 6. Up to one hundred per cent of tax cr edits pr ovided under this pr ogram may be
40 assigned, transferred , sold, or otherwise conveyed by filing a notarized endorsement
41 ther eof with the department that names the transferee, the amount of tax credi t
42 transferr ed, and the value receiv ed for the tax cre dit, as well as any other information
43 r easonably requ ested by the department. For a taxpayer with flow-thro ugh tax
44 tr eatment to its members, partners, or sharehol ders, the tax credit shall be allowed to
45 members, partners, or shar eholders in pr oportion to their share of ownership on the last
46 day of the taxpayer's tax period.
47 7. The department shall pr escribe the manner in which the tax cred it may be
48 applied for . The application for tax cred its authorized under this section shall be made
49 no later than the end of the taxpayer's tax period immediately following the tax period
50 for which the tax credits are being claimed. In the application to claim tax cred its under
51 this section, a taxpayer shall list for each eligible donation for which the cred it is
52 claimed:
53 (1) The type and amount or value of the donation;
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54 (2) The name and addr ess of the school that r eceived the donation and a
55 description of the eligible pro gram that the donation supported;
56 (3) An itemized list of the items contributed, if applicable;
57 (4) The name and job title of each employee whose hours were donated and for
58 each such employee a log of dates and times such hours wer e donated and the total
59 number of hours donated, if applicable; and
60 (5) A statement fr om the school attesting to the eligible donation receiv ed,
61 verifying the taxpayer's information, the date the eligible donation was receiv ed, the
62 type of donation, amount or value of the donation, and the accuracy of the logs that
63 show the dates and times volunteer hours wer e donated.
64
65 If the taxpayer applying for the tax cred it meets all criteria requi red under this section
66 or otherwise established by the department, the department shall issue a tax credi t
67 certificate in the appr opriate amount.
68 8. Not later than January 1, 2027, the department of elementary and secondary
69 education shall set forth applications, a registra tion system, and any additional
70 guidelines in order for prog rams to regi ster and qualify as eligible prog rams under the
71 pr ovisions of this section. The department of elementary and secondary education shall
72 also promot e awar eness of the availability of this tax cr edit among businesses,
73 educational institutions, and STEAM and r obotics nonprof its.
74 9. On or before September first of each year , the department shall prep are and
75 submit an annual rep ort to the general assembly review ing the costs and benefits of the
76 pr ogram and containing statistical information r egarding the tax credits issued under
77 this section for the previo us tax year , including the total amount of tax cred its claimed in
78 the tax year , the types of donations and average amount or value of each type of eligible
79 donation made, the total number of eligible pro grams r eceiving eligible donations, and
80 the total amount expended on the pr ogram.
81 10. Notwithstanding any provi sion of section 105.1500 to the contrary , any
82 r equir ement to pr ovide information, documents, or rec ords under this section, and any
83 r equir ement established by the department to provi de information, documents, or
84 r ecords for the purpose of administering and enforcing this section, shall be exempt
85 fr om section 105.1500.
86 1 1. The department of economic development, the department of r evenue, and
87 the department of elementary and secondary education may adopt such rules,
88 statements of policy , pro cedures, forms, and guidelines as may be necessary to carry
89 out the pr ovisions of this section and shall pr omulgate all necessary rules and
90 r egulations for the administration of this section. Any rule or portion of a rule, as that
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91 term is defined in section 536.010, that is creat ed under the authority delegated in this
92 section shall become effective only if it complies with and is subject to all of the
93 pr ovisions of chapter 536 and, if applicable, section 536.028. This section and chapter
94 536 are nonseverable and if any of the powers vested with the general assembly
95 pursuant to chapter 536 to revi ew , to delay the effective date, or to disappr ove and annul
96 a rule are subsequently held unconstitutional, then the grant of rulemaking authority
97 and any rule prop osed or adopted after August 28, 2026, shall be invalid and void.
98 12. Under section 23.253 of the Missouri sunset act:
99 (1) The prov isions of the new pr ogram authorized under this section shall sunset
100 six years after the effective date of this section unless reauthori zed by an act of the
101 general assembly;
102 (2) This section shall terminate on September first of the calendar year
103 immediately following the calendar year in which the prog ram authorized under this
104 section is sunset; and
105 (3) Nothing in this subsection shall prev ent a taxpayer fr om claiming a tax credit
106 pr operly issued before this pr ogram was sunset in a tax year after the prog ram is sunset.
✔
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