HB 542 -- MATERNITY HOMES AND DOMESTIC VIOLENCE CENTERS (Barry)

This bill modifies the income tax credit for contributions to
certain domestic violence centers and maternity homes.  The bill
defines contributions to mean donations of cash, stock, bonds,
or other marketable securities and allows domestic violence
centers and maternity homes to decline a contribution from a
taxpayer.

FISCAL NOTE:  No impact on state funds.

HB 542 -- MATERNITY HOMES AND DOMESTIC VIOLENCE CENTERS

SPONSOR:  Barry

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Ways and Means by a vote of 15 to 0.

This bill modifies the income tax credit for contributions to
certain domestic violence centers and maternity homes.  The bill
defines contributions to mean donations of cash, stock, bonds,
or other marketable securities and allows domestic violence
centers and maternity homes to decline a contribution from a
taxpayer.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that this bill will allow taxpayers
to donate stocks, bonds, and other securities to maternity homes
and domestic violence centers.

Testifying for the bill were Representative Barry; Missouri
Coalition Against Domestic Violence; and Campaign Life Missouri.

OPPONENTS:  There was no opposition voiced to the committee.

Bill Tucker, Assistant Director of Research

HB 542 -- Income Tax Credit for Certain Charitable Contributions

Sponsor:  Barry

This bill modifies the income tax credit for contributions to
certain domestic violence centers and maternity homes.  The bill
defines contributions to mean donations of cash, stock, bonds,
or other marketable securities and allows domestic violence
centers and maternity homes to decline a contribution from a
taxpayer.