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Champion for Children Tax Credit precentage change in new senate bill modification
['Carter Ostermiller']
Home - newspressnow.com
One of the key modifications was on the Champion for Children Tax Credit.
It provides a tax credit for contributions to qualified child advocacy centers or crisis care centers.
The tax credit will increase from 50% to 70% for all qualifying donations ranging from $100 to $50,000 in any tax year.
The tax credit redeemed in a fiscal year would not exceed $2.5 million.
To learn more about Senate Bill 43 and the Champion for Children Tax Credit, you can visit senate.mo.gov.
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