SB 1704 - For all tax years beginning on or after January 1, 2027, this act authorizes a taxpayer to claim a tax credit in an amount not to exceed $125 for a qualified pet adoption, provided that no more than two such tax credits shall be claimed in a tax year. Tax credits authorized by the act shall be refundable. The total amount of tax credits that may be authorized in a calendar year shall not exceed $500,000. This act shall sunset on August 28, 2032, unless reauthorized by the General Assembly. This act is identical to SB 1701 (2026) and HB 2731 (2026). JOSH NORBERG
SB 1704 offers a tax credit to Missourians who adopt qualifying animals, aiming to increase shelter adoptions and reduce pet overpopulation through financial incentives.