SB 549 - This act places an aggregate cap on the amount of state low-income housing tax credits that may be authorized in a fiscal year. Such cap shall be the lesser of 72.5% of the amount of federal low-income housing tax credits allocated to the state or $123 million, adjusted annually for inflation. This act also reduces the limit on tax credits authorized for projects financed through tax-exempt bonds from $6 million to $4 million. To the extent that such limit is not reached in a fiscal year, the amount not authorized may, for such fiscal year only, be added to the amount of tax credits that may be authorized for projects not financed through tax-exempt bond issuance. The Missouri Housing Development Commission shall establish an evaluation rubric and score applicants for low-income housing tax credits against the rubric. The Commission shall publish such rubric before it accepts applications and shall publish the scored rubric for each application. Beginning August 28, 2021, the Commission shall establish a pilot program under which low-income housing tax credits may be transferred, sold, or assigned to a third party if so authorized by the Commission and elected by the taxpayer, as described in the act. The amount of tax credits authorized to be transferred shall not exceed fifteen percent of the aggregate cap. The pilot program shall expire on August 28, 2024. This act is identical to HB 2437 (2020) and HB 2499 (2020), is substantially similar to HCS/SS/SCS/SB 28 (2019) and HCS/HB 665 (2019), and is similar to SB 269 (2019), SCS/SB 591 (2018), and HB 1237 (2018), and to a provision contained in HB 1824 (2018) and SCS/SBs 285 & 17 (2017). JOSH NORBERG