SB 1440 - Hudson, Brad
Modifies an income tax deduction for contributions to 529 savings accounts
Bill Details
Sponsor
LR Number
5848S.01I
Title
SB 1440
House Handler
N/A
Journal Page
Effective Date
August 28, 2026
Committee
Current Status
Second Read and Referred S Insurance and Banking Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1440 - Current law authorizes an income tax deduction for contributions made to the Missouri Higher Education Deposit Program, the Missouri Education Program, or to any other qualified tuition program established under 26 U.S.C. Section 529. For all tax years beginning on or after January 1, 2026, this act removes references to other federal 529 qualified tuition programs so that contributions made to such programs in other states shall not qualify for a Missouri income tax deduction.
This act is substantially similar to HB 1272 (2025) and to a provision in HCS/HB 606 (2025).
JOSH NORBERG