HB 1710 Creates an income tax return check-off program to provide funds for the Missouri National Guard Foundation

     Handler: Kraus

Current Bill Summary

- Prepared by Senate Research -


HCS/HB 1710 - For all tax years beginning January 1, 2014, this act authorizes a check-off box on the Missouri individual and corporate income tax forms for contributions to the newly created Missouri National Guard Foundation Fund. A taxpayer may donate to the fund by designating a portion of their income tax refund to go to the fund. The amount of the donation must be at least one dollar on an individual return, or at least two dollars on a combined return. The state treasurer is required to distribute all money in this fund to the Missouri National Guard Foundation. The provisions of this new program expire December 31, 2020.

MIKE HAMMANN


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