FIRST REGULAR SESSION
HOUSE BILL NO. 103
91ST GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES BEARDEN, PHILLIPS, PORTWOOD, DEMPSEY,
HUNTER AND BYRD (Co-sponsors).
Pre-filed December 7, 2000, and 1000 copies ordered printed.
ANNE C. WALKER, Chief Clerk
AN ACT
To amend chapter 135, RSMo, relating to tax relief by adding thereto one new section relating to the same subject.
Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.040, to read as follows:
135.040. Notwithstanding any provision of law to the contrary, for all tax years beginning on or after January 1,
2002, a resident individual shall be allowed a nonrefundable credit against the tax otherwise due pursuant to
chapter 143, RSMo, not including sections 143.191 to 143.265, RSMo, in an amount equal to the lesser of one
hundred fifty dollars or the amount of property taxes actually paid by such individual on property with a situs in
this state during such tax year. Resident individuals with a filing status of married filing combined shall be allowed
a tax credit against the tax otherwise due pursuant to chapter 143, RSMo, not including sections 143.191 to 143.265,
RSMo, in an amount equal to the lesser of one hundred fifty dollars per individual or the amount of property taxes
actually paid by each individual on property with a situs in this state during such tax year. The credit shall be
claimed as prescribed by the director of revenue.
Missouri House of Representatives