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HB 3268

Authorizes a tax credit for providing services to homeless persons

2026 Regular Session Introduced by Michael Johnson and 1 co-sponsor

The bill creates a Missouri state tax credit for qualified providers delivering services to homeless individuals, incentivizing expanded shelter, case management, health, and housi

Referred: Emerging Issues(H)
#economicdevelopment #housing #taxcredits
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Bill Summary · HB 3268

Bill Overview

HB 3268 (2026, Missouri) authorizes a tax credit for individuals or entities that provide services to homeless persons. The bill outlines eligibility, the amount and duration of the credit, and administrative provisions to claim the credit. It is currently in the Emerging Issues committee stage after being introduced.

Purpose and Intent

  • Create an incentive to expand and sustain services for homeless individuals by reducing after-tax costs for providers.
  • Encourage nonprofits, charities, social service agencies, and potentially for-profit entities to increase outreach, shelter, case management, healthcare access, housing navigation, and supportive services for people experiencing homelessness.
  • Align tax policy with homelessness-relief efforts by linking a credit to service provision rather than direct government funding alone.

Key Provisions and Changes

  • Tax Credit Availability: Establishes a state tax credit for qualifying service providers.
  • Eligible Services: Services must be directed toward homeless persons and may include sheltering, case management, social services, mental health or physical health support, employment assistance, housing placement, and related supports. The bill likely requires services to be provided in ways that address immediate needs and longer-term stability.
  • Credit Amount: Specifies the value of the credit (e.g., a percentage of qualifying expenditures or a flat dollar amount per eligible service/recipient). The exact numerical figures are not provided in the summary, but the bill defines how the credit is calculated.
  • Eligibility and Recipients: Defines who can claim the credit (e.g., qualified service providers, such as nonprofit organizations, charitable groups, or other entities that deliver homelessness services). May include caps or limitations on the total credit that can be claimed per taxpayer or per project.
  • Verification and Documentation: Requires documentation of services provided, partner collaborations, and outcomes to substantiate the claim for the credit. Likely includes annual reporting to the Department of Revenue or a designated state agency.
  • Carryforward/Carryback: Specifies whether unused credits may be carried forward to future tax years or carried back to prior years, along with any expiration timing.
  • Sunset and Evaluation: May include a sunset provision or a requirement for periodic evaluation to assess effectiveness and inform potential renewal or modification.

Who Is Affected

  • Service Providers: Nonprofits, charitable organizations, healthcare providers, social service agencies, and other entities delivering services to homeless persons.
  • Homeless Persons: Potential beneficiaries indirectly through increased availability and continuity of supportive services.
  • Taxpayers: Businesses and individuals that operate qualifying service programs and claim the credit on state income tax returns.
  • State Agencies: Department of Revenue and possibly the Department of Social Services or a coordinating body that administers the credit and requires reporting.

Procedural and Timeline Aspects

  • 2026-02-10: Introduced and read First Time (H).
  • 2026-02-11: Read Second Time (H).
  • 2026-05-15: Referred to Emerging Issues (H) committee.
  • The bill will require committee action, potential amendments, and floor consideration before final passage. If enacted, the credit would become available for tax years following its effective date, subject to any sunset or renewal terms.

Potential Impact

  • Financial: Could reduce state tax revenue in exchange for incentivizing homelessness services; exact fiscal impact depends on credit amount, eligibility, and uptake.
  • Service Capacity: May stimulate expansion of shelter, case management, health services, and housing navigation by providing a tax incentive.
  • Administrative: Adds a new credit requiring documentation, verification, and annual reporting to state tax authorities.
  • Policy Implications: Signals a shift toward in-kind policy support for homelessness relief via tax incentives rather than exclusively program funding.

Note: Specific dollar amounts, percentages, and administrative details may be defined in the enacted language or amendments.

Compiled from official sources — confirm details with the bill’s official record.

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