House Bill 349 (pdf) has been signed by Missouri Gov. Mike Parson and will most likely take effect during the 2022-2023 school year. This measure creates a charitable scholarship program that allows qualified children to attend the school of their choice.
The Empowerment Scholarship Accounts will take donations from taxpayers in exchange for a tax credit which can be claimed up to four years after the donation is made. These contributions will be handled by the Education Assistance Organization, a tax-exempt charity designed to handle this new bill’s workload.
