SB 670 - Green, Tim
Creates an income tax deduction for higher education expenses
Bill Details
Sponsor
LR Number
3371S.01I
Title
SB 670
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Committee
Current Status
Hearing Conducted S Ways & Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 670 - This act creates a deduction against a taxpayers Missouri state income tax for qualified higher education expenses. In order to qualify, the taxpayer student or taxpayer claiming a student as a dependent, must have a federal adjusted gross income of less than two hundred thousand dollars regardless of whether the taxpayer files a joint or single return and the educational expenses must be incurred by a student registered at least half time.
JASON ZAMKUS