The Senate Committee on Jobs, Economic Development, and Local Government has reported legislation (SCS SBs 638 and 647) to raise the cap on the tax credits currently available for pregnancy resource centers (PRCs) and food pantries to the Senate Chamber. The bill would raise the cap for the PRC credit from $2 million to $2.5 million. The cap on the food pantry credit would be raised from $1.25 million to $1.75 million. The MCC supports raising the caps on these tax credits because both programs have been very effective in assisting some of Missouri’s most vulnerable citizens. Stay tuned for more.
Posted: February 14, 2014