Top Legislation - View All

Latest Action: 05/05/2008 - Voted Do Pass S Ways & Means Committee

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HB 1319 - CREDIT FOR EMPLOYERS OF STUDENTS - Brown, Michael R.

Authorizes a tax credit for employers who hire qualified high school students for summer jobs
Latest Action: 05/16/2008 - S Inf Calendar H Bills for Third Reading--HCS for HBs 1321 & 1695, with SCS (Gibbons)

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HB 1321 - PROPERTY TAXATION - Sutherland, Mike

Increases the property tax relief for senior citizens' program known as circuit breaker and extends the date for the deposit of a percentage of property tax collections into county assessment funds
Latest Action: 04/03/2008 - Second Read/Referred: Ways and Means (S)

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HB 1326 - TAX DEDUCTION FOR HYBRID VEHICLES - Sater, David

Authorizes an individual income tax deduction for the purchase of a hybrid motor vehicle manufactured in the United States
Latest Action: 02/19/2008 - Executive Session Completed (H)

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HB 1340 - FEDERAL INCOME TAX DEDUCTIONS - Muschany, T. Scott

Allows for the phasing in of full deductibility from state income tax of all federal income tax liability
Latest Action: 01/24/2008 - Referred: Ways and Means (H)

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HB 1343 - MISSOURI HOMESTEAD PRESERVATION ACT - Portwood, Dr. Charles R.

Changes the laws regarding the Missouri Homestead Preservation Act
Latest Action: 03/11/2008 - Rules - Executive Session Completed (H)

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HB 1345 - TAX CREDIT FOR HOME MODIFICATIONS - Portwood, Dr. Charles R.

Increases the cap for the income tax credits available to certain individuals for the costs of modifications to a home in order for it to be accessible for a disabled person who resides with them
Latest Action: 01/24/2008 - Public Hearing Completed (H)

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HB 1365 - TAX CREDIT FOR PROPERTY TAXES - Fares, Kathlyn

Authorizes a tax credit for certain elderly and disabled individuals and certain veterans for real property taxes paid
Latest Action: 03/03/2008 - Executive Session Completed (H)

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HB 1367 - VOLUNTEER FIREFIGHTER TAX CREDIT - Ruestman, Marilyn

Authorizes an income tax credit for certain volunteer firefighters
Latest Action: 02/05/2008 - Executive Session Completed (H)

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HB 1485 - ALTERNATIVE ENERGY TAX DEDUCTION - Sater, David

Allows taxpayers who use specified types of fuel cell or solar power to generate electricity for their residences to claim a tax deduction
Latest Action: 01/10/2008 - Second Read and Referred S Ways & Means Committee

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SB 743 - This act makes various modifications to Missouri tax law. The act: (1) Decouples Missouri's income tax from the federal income tax code. The act adopts the IRC as it was written January 1, 2004 (section 143.091); (2) Reinstates the decoupling from the federal accelerated depreciation and makes it permanent (section 143.121); (3) Eliminates the timely filing discount for employers who withhold their employees' income tax (sections 143.225 & 143.261); (4) Modifies the way losses and operating expenses are deducted among parties for various types of property, including intellectual property. Minimum standards are established regarding what connections among various corporate entities constitute related parties and affiliated groups for multi-state corporate income tax purposes. Under this provision, the entire profit of a unitary group will be aggregated and then divided among the members of the group. This allocation will be based upon the relative incomes of the [...]

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Latest Legislation - View All

Latest Action: 04/22/2008 - Public Hearing Completed (H)

Bill Text
HB 2580 - DEDUCTION FOR HOME SCHOOL SUPPLIES - Parkinson, Mark A.

Authorizes a state income tax deduction for school supplies and books purchased for home schooling a child
Latest Action: 04/08/2008 - Public Hearing Completed (H)

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HB 2583 - TAX DEDUCTION FOR FUNERAL COSTS - Grisamore, Jeff

Authorizes an income tax deduction for certain funeral costs of up to $5,000
Latest Action: 05/16/2008 - Referred: Special Committee on Tax Reform (H)

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HB 2578 - MISSOURI PERSONAL EXEMPTIONS - Portwood, Dr. Charles R.

Increases the deduction for personal exemptions to $4,200 for eligible resident taxpayers for Missouri income tax purposes
Latest Action: 05/16/2008 - Referred: Special Committee on Veterans (H)

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HB 2591 - TAX EXEMPTION FOR DISABLED VETERANS - Dusenberg, Gary

Authorizes a state income tax exemption for the state taxable income of certain disabled veterans
Latest Action: 05/16/2008 - Referred: Special Committee on Energy and Environment (H)

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HB 2574 - TAX CREDITS FOR ENERGY PRODUCERS - Scharnhorst, Dwight

Changes the laws regarding tax credits for energy producers
Latest Action: 04/30/2008 - Executive Session Completed (H)

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HB 2535 - ENTERTAINERS AND ATHLETES TAX - Silvey, Ryan

Creates the Missouri Juneteenth Heritage and Jazz Festival and Memorial Fund and changes the distribution of funds from the professional athletes and entertainers tax
Latest Action: 04/29/2008 - Public Hearing Completed (H)

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HB 2533 - INCOME TAX DEDUCTION FOR TUITION - Schoemehl, Sue

Authorizes an income tax deduction for certain public college tuition costs
Latest Action: 04/03/2008 - Referred: Ways and Means (H)

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HB 2517 - INCOME TAX CREDIT FOR THE ELDERLY - Hoskins, Theodore

Authorizes an income tax credit for resident taxpayers who are 65 years of age or older with an adjusted gross income of $9,570 or less
Latest Action: 05/16/2008 - Referred: Ways and Means (H)

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HB 2521 - EARNED INCOME TAX CREDIT ACT - Oxford, Jeanette Mott

Establishes the Missouri Earned Income Tax Credit Act which authorizes an individual income tax credit equal to 20% of any earned income tax credit claimed by the taxpayer on his or her federal income tax return
Latest Action: 05/16/2008 - Referred: Special Committee on Job Creation & Eco Dev (H)

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HB 2502 - TAX CREDITS FOR ATHLETIC TEAMS - Roorda, Jeff

Specifies that a professional athletic team will be ineligible for state income tax credits if it is a member of a league that does not ban athletes for testing positive for anabolic steroids