SB 0013 Excludes any capital gains included in federal adjusted gross income from state income tax
LR Number:L0251.01I Fiscal Note:0251-01
Committee:Ways and Means
Last Action:02/02/99 - Hearing Scheduled But Not Heard S Ways & Means Journal page:
Effective Date:August 28, 1999
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Current Bill Summary

SB 13 - This act authorizes a state income taxpayer to subtract all capital gains from the taxpayer's federal adjusted gross income when calculating Missouri adjusted gross income.

The act is similar to SB 68 (1997) and SB 540 (1998).