SB 144 - Wallingford, Wayne
Allows members of the National Guard and reserve components of the Armed Forces to deduct military income from their Missouri adjusted gross income
Bill Details
Sponsor
LR Number
0458S.02I
Title
SB 144
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Committee
Current Status
Informal Calendar S Bills for Perfection--SB 144-Wallingford
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 144 - This act allows members of the National Guard or reserve components of the Armed Forces of the United States to deduct such military income from his or her Missouri adjusted gross income to determine such taxpayer's Missouri taxable income. The percentage of such income that may be deducted shall be phased in between tax years 2019 and 2023 in twenty percent increments.
JOSHUA NORBERG