FIRST REGULAR SESSION
HOUSE BILL NO. 790
91ST GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE WRIGHT.
Read 1st time February 14, 2001, and 1000 copies ordered printed.
TED WEDEL, Chief Clerk
AN ACT
To repeal section 143.011, RSMo 2000, relating to individual income tax rates for Missouri residents, and to enact in lieu thereof one new section relating to the same subject.
Section A. Section 143.011, RSMo 2000, is repealed and one new section enacted in lieu thereof, to be known as section 143.011, to read as follows:
143.011. A tax is hereby imposed for every taxable year on the Missouri taxable income of every resident. For taxable years on or after January 1, 2002, the tax shall be determined by applying the tax table or the rate provided in section 143.021, which is based upon the following rates:
If the Missouri taxable income is: The tax is:
Not over $1,000.00 1 [1/2]% of the Missouri
taxable income
Over $1,000 but not over $2,000 [$15] $10 plus [2] 1 1/2% of
excess over $1,000
Over $2,000 but not over $3,000 [$35] $25 plus 2 [�]% of
excess over $2,000
Over $3,000 but not over $4,000 [$60] $45 plus [3] 2 1/2% of
excess over $3,000
Over $4,000 but not over $5,000 [$90] $70 plus 3 [�]% of
excess over $4,000
Over $5,000 but not over $6,000 [$125] $100 plus [4] 3 1/2% of
excess over $5,000
Over $6,000 but not over $7,000 [$165] $135 plus 4 [�]% of
excess over $6,000
Over $7,000 but not over $8,000 [$210] $175 plus [5] 4 1/2% of
excess over $7,000
Over $8,000 but not over $9,000 [$260] $220 plus 5 [�]% of
excess over $8,000
Over $9,000 [$315] $270 plus [6] 5 1/2% of
excess over $9,000
Missouri
House of Representatives