Missouri legislation · 2025 Regular Session
Missouri HB611: Authorizes a tax credit for compensation of local businesses who provide qualified employees to serve as instructors at certain
Status: In committee, May 15, 2025
Authorizes a tax credit for compensation of local businesses who provide qualified employees to serve as instructors at certain Missouri institutions
What the bill says
To amend chapter 135, RSMo, by adding thereto one new section relating to instructor tax credits for certain institutions. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.453, to read as follows: 135.453. 1. As used in this section, the following terms (2) "Eligible compensation", the amount of compensation that the qualified taxpayer compensated a qualified career and technical instructor for services during which such instructor was engaged in instruction or duties relating to instruction at a qualified institution under the memorandum o.
From the introduced text:
To amend chapter 135, RSMo, by adding thereto one new section relating to instructor tax credits for certain institutions. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.453, to read as follows: 135.453. 1. As used in this section, the following terms (2) "Eligible compensation", the amount of compensation that the qualified taxpayer compensated a qualified career and technical instructor for services during which such instructor was engaged in instruction or duties relating to instruction at a qualified institution under the memorandum of understanding; (3) "Qualified career and technical instructor", any individual who meets the qualifications set forth by the Higher Learning Commission Guidelines on Faculty Credentials and Qualifications, and who provides services for compensation to a participating business or services for compensation as an instructor for a career to a qualified institution; (4) "Qualified institution", any of the following entities: (a) A community college that has executed a memorandum of understanding with participating businesses located within such community college's district; (b) A public or private post-secondary vocational or technical school; (c) A facility providing educational and rehabilitative services to children in juvenile custody; or EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law. Matter …