AMATEUR SPORTING EVENT TAX CREDIT

Current law authorizes a tax credit for costs incurred relating to the conduct of amateur and collegiate sporting events. This act modifies such tax credit by requiring certified sponsors to be active members of the Sports Events and Tourism Association rather than of the National Association of Sports Commissions.

This act also removes the definition of "eligible costs" and bases the amount of the tax credit on either the number of admission tickets sold or the number of registered participants.

The act requires an applicant to submit a ticket sales or box office statement, or a list of registered participants, rather than documentation of eligible costs.

The amount of the tax credit shall be equal to either $6 for every admission ticket sold, rather than $5, or $12 for every registered participant, rather than $10. The Department of Revenue shall issue a refund of the tax credit within ninety days of the applicant's submission of a valid tax credit certificate, even prior to the close of the tax year for which the tax credits are issued.

Current law limits the total annual amount of tax credits to $3 million, with a limit of $2.7 million for events held in Jackson County or St. Louis City. This act increases such limits to $6 million and $5.5 million, respectively.

This act extends the sunset on the tax credit from August 28, 2025, to August 28, 2032. (Section 67.3000)

Current law also authorizes a tax credit in the amount of fifty percent of an eligible donation made to a certified sponsor or local organizing committee, with the total annual amount of such tax credits limited to $10 million. This act reduces such allowable annual amount of tax credits to $500,000. This act also extends the sunset on such tax credit from August 28, 2025, to August 28, 2032. (Section 67.3005)

Certain provisions of this act shall become effective on July 1, 2026.

These provisions are substantially similar to SCS/SB 184 (2025) and SCS/SB 1036 (2024), and to provisions in SCS/HCS/HB 1483 (2024) and HCS/HB 1935 (2024).

CHAMPION FOR CHILDREN TAX CREDIT

Current law authorizes a tax credit for contributions made to CASAs, child advocacy centers, and crisis care centers, with such tax credit scheduled to sunset on December 31, 2025. This act extends the sunset to December 31, 2031, unless reauthorized by the General Assembly. (Section 135.341)

DIAPER BANK TAX CREDIT

Current law authorizes a tax credit for contributions made to diaper banks. This act adds the definition of "national diaper bank" to require such entities to be a member of a national network organization serving all fifty states through which certification demonstrates nonprofit best practices, data-driven program design, and equitable distribution.

The tax credit sunsets on December 31, 2024. This act extends the sunset until December 31, 2031. (Section 135.621)

This provision is identical to a provision in SCS/SB 95 (2025).

FOOD PANTRY TAX CREDIT

Current law authorizes a tax credit for contributions made to a local food pantry, local homeless shelter, or local soup kitchen. This act provides that a taxpayer shall not be liable for penalties or interest on an income tax balance due if such taxpayer is denied part or all of a tax credit to which the taxpayer has qualified pursuant to any provision of law due to lack of available funds, and such denial causes a balance-due notice to be generated by the Department of Revenue or any other redeeming agency. Such taxpayer shall pay the balance due within sixty days or be subject to penalties and interest pursuant to current law.

Additionally, the tax credit is scheduled to sunset on December 31, 2026. This act extends the sunset until December 31, 2032, unless reauthorized by the General Assembly. (Section 135.647)

JOSH NORBERG