Missouri legislation · 2026 Regular Session
Missouri SB1592: Authorizes a tax credit for contributions to prevention resource centers
Status: In committee, February 5, 2026
SB 1592 - This act authorizes a taxpayer to claim a tax credit in an amount equal to seventy percent of contributions made to prevention resource centers, but not to exceed $100,000 per taxpayer per tax year. Prevention resource centers are defined as not-for-profit entities with a mission to reduce the illegal or age-inappropriate use or misuse of alcohol, tobacco, and other drugs. Tax credits authorized by the act shall not be refundable or transferrable, but may be carried forward for one tax year. The total amount of tax credits authorized by the act shall not exceed $2.5 million in any fiscal year. The Director of the Department of Mental Health shall determine, at least annually, which facilities in this state may be classified as prevention resource centers and shall establish a procedure by which a taxpayer can determine if a facility has been classified as a prevention resource center. JOSH NORBERG
What the bill says
To amend chapter 135, RSMo, by adding thereto one new section relating to a tax credit for contributions to prevention resource centers. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.040, to read as follows: 135.040. 1. As used in this section, the following terms shall mean: (1) "Contribution", a donation of cash, stock, bonds, or other marketable securities, or real property; (2) "Director", the director of the department of mental health; (3) "Prevention resource center", a not-for-profit entity with a mission to reduce the illegal or.
From the introduced text:
To amend chapter 135, RSMo, by adding thereto one new section relating to a tax credit for contributions to prevention resource centers. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.040, to read as follows: 135.040. 1. As used in this section, the following terms shall mean: (1) "Contribution", a donation of cash, stock, bonds, or other marketable securities, or real property; (2) "Director", the director of the department of mental health; (3) "Prevention resource center", a not-for-profit entity with a mission to reduce the illegal or ageinappropriate use or misuse of alcohol, tobacco, and other drugs; (4) "State tax liability", in the case of a business taxpayer, any liability incurred by such taxpayer pursuant to the provisions of chapters 143, 147, 148, and 153, excluding sections 143.191 to 143.265 and related provisions, and in the case of an individual taxpayer, any liability incurred by such taxpayer pursuant to the SB 1592 provisions of chapter 143, excluding sections 143.191 to 143.265 and related provisions; (5) "Taxpayer", a person, firm, a partner in a firm, corporation, or a shareholder in an S corporation doing business in the state of Missouri and subject to the state income tax imposed by the provisions of chapter 143, or a corporation subject to the annual …