SB 17 - Kraus, Will
Phases out corporate income tax over 3 years
Bill Details
Sponsor
LR Number
0033S.01I
Title
SB 17
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Committee
Current Status
Bill Combined (w/SCS SBs 285 & 17)
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 17 - Currently, Missouri taxes corporate income at a rate of 6.25%. Under this act, that rate will be reduced to 4% in 2017 and 2% in 2018. After 2019, Missouri will no longer collect corporate income taxes.
JOSHUA NORBERG