“YES” on Tax Credits for Educational Expenses in Missouri (SB 729) 

Name: Senate Bill 729, authorizing tax credits for educational expenses in Missouri

Summary: Senate Bill 729 offers families a tax credit for certain educational expenses, including tutoring and technology. 

Status: Senate Education and Workforce Development Committee voted Do Pass on January 17, 2024

Sponsors: Senator Andrew Koenig

Bill Breakdown: 

Senate Bill 729 would give families a tax credit for certain educational expenses, including private school tuition within the state of Missouri, tutoring, curriculum, transportation, and certain technology. “Consumable educational supplies” like pencils, markers, and paper are not qualified as an expense. 

Why does PDE Action support this bill? 

Parents know best what opportunities their children need to thrive academically. Senate Bill 729 would give parents—including those who may be more financially strained—the opportunity to provide alternative or additional educational opportunities for their children, outside of the public school system. 

PDE Action supports any and all sound efforts to provide parents with resources to best meet the needs of their children. Senate Bill 729 does just that.