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HB 3101

Modifies provisions relating to benevolent tax credits

2026 Regular Session Introduced by Chad Perkins

Missouri bill modifies benevolent tax credit provisions; impacts state revenue and charitable funding mechanisms, currently in early legislative review.

Referred: Emerging Issues(H)
#taxcredits #taxationandrevenue-general #taxationandrevenue-income
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Bill Summary · HB 3101

Legislative bill overview

HB 3101 modifies Missouri's benevolent tax credit provisions, though specific amendments are not detailed in the available action history. The bill is in early stages of the legislative process, having just completed its first reading in the House.

Why this is important

Benevolent tax credits are financial incentives that allow individuals or corporations to reduce tax liability by supporting charitable or community-benefit organizations. Changes to these credits directly affect both state revenue and the funding available to nonprofits, charities, and community programs that rely on donor contributions motivated by tax benefits.

Potential points of contention

  • Fiscal impact uncertainty – Without knowing specific modifications, the bill could either expand credits (reducing state revenue) or restrict them (potentially reducing charitable giving)
  • Equity concerns – Tax credit changes may disproportionately affect different economic groups or charitable sectors depending on how provisions are modified
  • Implementation complexity – Modifications to established tax credit systems can create administrative challenges for both the Department of Revenue and taxpayers

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

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