2008 Initiative Petitions
Approved for Circulation in Missouri

A new Section 25 to Article X – TAXATION
of the Constitution of Missouri.

THE PROPOSED AMENDMENT

Be it resolved by the people of Missouri that the Constitution be amended:

 

Article X - Taxation

Section 25. Individual and corporation contributors and donors to not-for-profit corporations, organizations and foundations, as they are defined by the U. S. Department of the Treasury, Internal Revenue Service, would receive a fifty percent (50%) state income tax credit against state income taxes due for the taxable year in which the donation or contribution is made, in addition to current federal and state income tax deductions allowable.