HB 741 -- Income Tax:  Deduction for Medical Services and
Equipment

Co-Sponsors:  Levin, Moore

This bill authorizes a resident individual income tax deduction
equal to 100% of the amount paid by a taxpayer for custodial
care and durable medical equipment during the taxable year to
the extent the costs are included in their federal adjusted
gross income and to the extent the expenditures are not
reimbursed by insurance.

The bill will become effective January 1, 2002.

Missouri House of Representatives
Last Updated September 13, 2001 at 2:03 pm