HB 1571
Modifies provisions relating to the Missouri working family tax credit act and makes the tax credit refundable
Sponsor:
LR Number:
3185H.01I
Committee:
Last Action:
5/15/2025 - Referred: Emerging Issues
Journal Page:
Title:
Effective Date:
House Handler:

Current Bill Summary

HB 1571 Douglas, Melissa

HB 1571 -- INCOME TAXES

SPONSOR: Douglas

Currently, if the amount of the Missouri Working Family tax credit exceeds the tax liability, the difference must not be refunded to the taxpayer, and it must not be carried forward to any following tax year. This bill provides that, for all tax years beginning on and after January 1, 2026, tax credits issued under the provisions of this section must be refundable.

This bill is the same as HB 1478, HB 1479, and HB 1554 (2025).

Amendments

No Amendments Found.