Any amount of credit which exceeds the tax due shall not be refunded but may be carried over to any subsequent taxable year, not to exceed four years.
Mo. Rev. Stat. § 135.307
Credit exceeding tax, not refunded, effect
Known as the Adoption Tax Credit Act
The act spans §§ 135–135 (159 sections).
Effective: 01 Jan 1997, see footnote; (L. 1985 H.B. 831 § 3, A.L. 1996 H.B. 1237)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.