TAXATION AND REVENUE - INCOME

Missouri House of Representatives
Bills Indexed by Subject
TAXATION AND REVENUE - INCOME
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: Creates a state income tax credit for personal property taxes paid on agricultural crops and machinery. .

: Exempts from state income tax the first six thousand dollars of public pension income and allows an additional state income tax deduction of up to six thousand dollars for public pension income.

: Prohibits the Department of Revenue from conditioning the property and pharmaceutical tax credits on the filing of a federal income tax return.

: Increases property tax credits for the elderly, exempts the elderly from sales tax on food and enhances Medicaid benefits.

: Exempts from state income tax all pensions received by persons sixty-five years of age and older.

: Increases the pharmaceutical income tax credit from two hundred dollars to five hundred dollars and decreases the number of persons eligible to claim the credit.

: Allows the sponsorship and mentoring program tax credit to offset the tax on insurance premiums and financial institutions, and clarifies that the credit cannot offset withholding tax.

: Creates a state income tax credit for costs of demolishing commercial buildings in enterprise zones for the purpose of constructing parking lots or housing.

: Creates an income tax credit for certain amounts paid by individual residents for property taxes.

: Creates a state earned income tax credit which is phased in over a nine year period.

: Authorizes school districts to impose a surcharge on their residents' income.

: Allows local housing corporations and neighborhood associations to bring property receivership actions and makes other changes concerning redevelopment projects.

: Increases the maximum allowable income to qualify for one hundred percent of the pharmaceutical income tax credit from fifteen thousand dollars to thirty-six thousand dollars.

: Exempts Social Security benefits and military retirement benefits which are included in federal adjusted gross income from state income tax.

: Exempts the first two hundred fifty dollars of interest income received by a taxpayer from state income tax.

: Creates an income tax credit for certain gifts of personal property to persons with an income below poverty level.

: Creates a state income tax credit for certain small employers who provide health insurance for eligible employees.

: Authorizes an incentive program for forestry, extends carryover of wood energy tax credit, prohibits introduction of wild elk, increases penalties for deer poaching, and allows killing of feral hogs.

: Provides that, for all tax years beginning on or after January 1, 2001, the premium tax examination fees deduction may be carried forward, but is no longer refundable.

: Reallocates tax credits and amends various other provisions pertaining to distressed communities. Repeals the Missouri Individual Training Account Program.

: Creates a state income tax deduction of up to two thousand dollars for costs of documented health insurance premiums and out-of-pocket medical expenses of individual taxpayers.

: Creates a three hundred dollar income tax credit for certain World War II veterans or their surviving spouses who have not remarried.

: Creates a state income tax credit of up to one hundred dollars for teachers who purchase materials for their classrooms.

: Creates an income tax credit for owners of real estate which contains a child-occupied facility or dwelling which is involved in a lead abatement project.

: Creates a state income tax credit in an amount equal to one thousand dollars per child who reads at such child's current grade level or higher.

: Regulates the refund of incorrectly collected sales and use tax, disallows certain state income tax deductions for pensions, and declares a sales tax holiday for certain clothing purchases.

: Amends the section authorizing tax credits for investments in new generation cooperatives.

: Expands the categories of persons allowed to claim the pharmaceutical state income tax credit.

: Beginning January 1, 2002, increases the state income tax deduction for all retirement benefits from six thousand dollars to seven thousand two hundred dollars and increases income caps.

: Creates a state income tax credit for all personal property taxes paid by active duty military personnel.

: Creates a state income tax credit for all Missouri estate taxes paid and provides for the repeal of the Missouri estate tax upon repeal of the federal estate tax.

: Creates a state income tax credit for individuals who build universal design homes within this state.

: Allows foster parents to claim a dependency deduction on their state income tax returns.

: Disallows a state income tax deduction for retirement benefits to the extent the same are otherwise excluded or deducted from federal or Missouri adjusted gross income.

: Creates a state income tax credit for contributions to unplanned pregnancy resource centers and to sexual violence crisis service centers.

: Repeals the limit on deductibility of federal income tax paid by individuals and replaces the revenue which will be lost by the Outstanding Schools Trust Fund from general revenue.

: Increases the state income tax deduction for dependents from twelve hundred dollars to two thousand dollars.

: Creates a state income tax credit for taxpayers who purchase zero emissions vehicles and super-ultra-low emissions vehicles.

: Revises law on surface mining, air emissions, and Petroleum Storage Tank Insurance Fund.

: Eliminates the local sales and use tax on food and replaces lost local revenue by reducing the state income tax deduction for individuals for federal income taxes.

: Increases the dependency exemption from $1,200 to $2,400 for all tax years beginning on or after January 1, 2001.

: Increases the amount of the state income tax deduction for long-term health insurance premiums from fifty percent to one hundred percent for tax years beginning after December 31, 2000.

: Increases the maximum property tax credit for the elderly to two thousand dollars and increases eligibility for the property tax credit by raising income caps.

: Exempts from state income tax all amounts spent for medical insurance premiums and out-of-pocket medical costs.

: Creates state income tax credits for donations of high technology equipment to school districts and for donations to school district libraries.

: Creates state income tax credits for employers who contribute to school dropout abatement programs.

: Creates a state income tax credit of up to five thousand dollars per year for any employer who grants its employees paid leave to volunteer at public schools during school hours.

: Makes the shared care income tax credit refundable.

: Establishes the "Missouri Community Foundation Committee" to create and incorporate the "Missouri Community Foundation". The bill also creates tax credits for donations to the foundation.

: Phases in an increase of the federal income tax deduction for individual and corporate taxpayers. Revenues lost by the Outstanding Schools Trust Fund are replaced by general revenue.

: Creates state income tax credits for taxpayers with pre-first-grade children who score at least 70% on an educational readiness test and for taxpayers who purchase educational readiness materials.

: Creates a state income tax credit for stay-at-home parents with children under the age of six.

: Places administration of tax credits for Americans with Disabilities Act compliance by small businesses under joint administration of the directors of Revenue and Economic Development.

: Requires the director of Economic Development to reallocate 70% of unused income tax credits for community improvement under certain circumstances.

: Creates a state income tax credit for taxpayers incurring costs for assistive technology and housing access modifications.

: Authorizes school districts to adopt a voter-approved supplemental income tax for the purpose of reducing reliance on property taxes to sustain the school or schools of the school district.

: Creates a state income tax credit for contributions to unplanned pregnancy resource centers and to sexual violence crisis service centers.

: Creates an income tax credit for up to two hundred and fifty dollars of a public school teacher's out-of-pocket expenditures for classroom materials.

: Creates a state income tax deduction for individuals in an amount equal to one hundred percent of health insurance premiums.

: Amends provisions of law governing income and sales tax deficiencies.

: Changes the law governing financial institutions.

: Reduces the corporate income tax rate from 6.25% to 5% and increases the state income tax deduction for federal income tax liability for both corporations and individuals.

: Exempts the first six thousand dollars of expenditures for custodial care and durable medical equipment from state income tax, for a maximum tax savings of one thousand dollars.

: Creates state income tax credits for expenditures of teachers for instructional materials for the classroom.

: Revises certain economic development tax credits.

: Restores full deductibility of federal income taxes for corporate taxpayers.

: Lowers individual income tax rates for tax years beginning on or after January 1, 2002.

: Creates a Pharmaceutical Investment Program for Seniors to help defray the cost of pharmaceuticals for senior citizens.

: Authorizes individuals to obtain tax credits under the Neighborhood Assistance Act.

: Requires school to provide transportation for certain nonpublic school students.

: Extends the period in which a wood energy producer can claim a tax credit from 5 years to 10 years.

: Creates state income tax credits for cash contributions to educational charities and scholarship charities.

: Revises pharmaceutical income tax credit.

: Dedicates income tax revenue resulting from gaming winnings to educational uses.

: Allows an income tax credit for taxpayers whose spouse is not employed outside the home and provides child care.

: Exempts retired veterans from all taxes.

: Exempts military income from state income tax.

: Allows a tax credit for coal-generated plants built with pollution control devices.

: Enacts the Tax Credit Responsibility Act of 2001.

: Directs Department of Revenue to develop system by which Hancock refunds can be donated to the state.

: Urges Congress to quickly enact a tax cut package before July 1, 2001.

: Expands the current prescription drug tax credit for the elderly.

: Individuals sixty-five years or older eligible for a tax credit up to $1000 for offsetting costs of medication.

: Allows certain foster parents to receive a dependency exemption on their state income tax returns.

: Creates a state earned income tax credit which is phased in over a three year period.

: Authorizes state tax credit for contributions to authorized scholarship charities.

: Phases in full deductibility of federal income taxes paid by individuals.

: Phases in full deductibility of federal income taxes for corporations.

: Exempts food local sales tax and reduces federal income tax deduction, subject to referendum.

: Creates a state income tax deduction for individual and corporate taxpayers for expenditures related to secondary education.

: Allows deduction of Federal Insurance Contribution Act payments when calculating Missouri personal income taxes.

: Establishes the General Assembly Scholarship Program funded by a nonresident earnings tax.

: Authorizes a two-year tax free zone in Kansas City.

: Authorizes state income tax credit for purchase of goods or services from qualified minority business enterprise.

: Authorizes state income tax deduction for school tuition, attendance fees, supplies and transportation costs.

: Phases in income tax exemptions for military retirement benefits.

: Establishes tax credits for persons, including employers, paying for or providing child care.

: Exempts military income, including retirement income, from state income tax.

: Allows individuals a tax credit on taxes paid on residential property.

: Allows a tax credit for persons who contribute to unplanned pregnancy resource centers.

: Exempts pension and retirement income of seniors from state income tax.

: Creates an income tax credit for owners of real estate which contains a child-occupied facility or dwelling which is involved in a lead abatement project.

: Creates and income tax credit for employers who give their employees paid maternity leave.

: Revises state school aid formula.

: Broadens liability for employers who do not file or pay withholding taxes to the Department of Revenue.

: Healthy Families Trust Fund to pay for certain health insurance costs.

: Creates state income tax credits for taxpayers who purchase fuel efficient motor vehicles and who construct or acquire alternative refueling facilities.

: Creates the "Consumer Clean Energy Act.".

: Removes requirement of notarization of tax refund claims.

: Creates state income tax credits for employers who contribute to school dropout abatement programs.

: Authorizes state tax credit for contributions to authorized scholarship charities.

: Revises the current prescription drug tax credit for the elderly.

: Revises the current prescription drug tax credit for the elderly.

: Exempts income of certain elementary and secondary school teachers from taxation.

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Missouri House of Representatives
Last Updated November 26, 2001 at 11:50 am