HB 0406 Relating to State Income Taxes
Sponsor:CHAMPION Handling House Bill:
Committee:WAYS LR Number:L0248.01I
Last Action:04/13/95 - Bill Combined with HCS/HB 311
Title:HCS/HB 311 & 406
Effective Date:
All Actions | Senate Home Page | List of 1995 House Bills
Current Bill Summary

HB0406 Champion, Norma Long, Elizabeth L. et al

P R E F I L E D

HB 406 -- State Income Tax

Co-Sponsors: Champion and Long

This bill expands the limited state income tax deduction for government pensions, annuities, or retirement allowances to privately funded annuities, pensions, or retirement allowances to all Missouri taxpayers within the statutorily imposed $6,000 limit.

This bill will become effective January 1, 1996, and applies to all taxable years beginning after December 31, 1995.