TAXATION AND REVENUE - INCOME

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session (2006)
Bills Indexed by Subject
TAXATION AND REVENUE - INCOME

: Adds housing authorities to the definition of "state agency" for purposes of income tax offsets

: Includes nonresident officials of professional athletic leagues in the nonresident entertainer and professional athlete income tax withholding requirements

: Authorizes an individual income tax deduction for the purchase of hybrid motor vehicles

: Allows Missouri residents to deduct from their taxable income 100% of all non-reimbursed amounts paid for long-term care insurance premiums

: Allows a deduction from individual income tax for real property taxes paid by retired taxpayers and exempts certain income for certain retired residents from income taxation

: Authorizes an individual income tax credit for real property taxes paid by surviving spouses of certain public safety officers

: Allows Missouri residents to deduct from their taxable income 100% of all non-reimbursed amounts paid for long-term care insurance premiums

: Allows an income tax deduction for health insurance premiums and out-of-pocket medical costs not already deducted on the taxpayer's state or federal tax returns

: Allows a full $6,000 retirement benefit deduction from state income for taxpayers over the age of 65 regardless of income

: Authorizes an income tax credit for volunteer firefighters

: Authorizes a tax credit for certain elderly and disabled individuals for real property taxes paid

: Authorizes a tax credit to a taxpayer for 100% of the salary and benefits paid to an employee while on active military duty

: Allows Missouri residents to deduct from their taxable income 100% of all non-reimbursed amounts paid for long-term care insurance premiums

: Changes the laws regarding the special needs adoption tax credit

: Authorizes a checkoff on the Missouri individual and corporate income tax forms for donations for cervical cancer awareness and treatment and the calculation for individual net operating losses

: Establishes the Betty L. Thompson Student Success Scholarships Tax Credit Program

: Authorizes an income tax credit for contributions made to qualified pregnancy resource centers and children in crisis centers

: Exempts certain veterans' retirement benefits from state income tax

: Exempts military pay of active-duty military personnel from income tax

: Authorizes an income tax credit for donations to food pantries

: Exempts military retirement benefits from state income tax

: Establishes the Residential Treatment Agency Tax Credit Act which authorizes a tax credit for 50% of the amount contributed to a qualified residential treatment agency

: Allows a full $6,000 retirement benefit deduction from state income for taxpayers over the age of 65 regardless of income

: Authorizes a phased-in income tax deduction, beginning in tax year 2006, for the cost of personally funded health insurance premiums

: Authorizes a tax credit for employers who hire qualified high school students for summer jobs

: Allows an income tax deduction for the amounts withheld for Social Security and federal Medicare taxes even if the taxpayer does not itemize his or her deductions

: Requires certain corporations to file an annual tax disclosure statement

: Lowers the individual income tax rates

: Authorizes an income tax credit for resident taxpayers who are 65 years of age or older with an adjusted gross income of $9,570 or less

: Transfers the administration of certain veterans' programs and funds from the Missouri Veterans Commission to the Lieutenant Governor

: Requires electronic filing of certain tax forms

: Authorizes an income tax credit for school upkeep and beautification projects

: Establishes the Betty L. Thompson Student Success Scholarships Tax Credit Program

: Authorizes a state individual income tax credit equal to a percentage of any earned income tax credit claimed by the taxpayer on his or her federal income tax return

: Changes the state homestead exemption limit to 2.5% in any year

: Authorizes an income tax deduction for tuition paid to a Missouri public institution of higher education

: Establishes the Small Business and Entrepreneurial Growth Act to allow for the expansion of small businesses

: Authorizes a tax credit for hiring disabled workers

: Authorizes a tax credit for contributions to after-school programs

: Changes the laws regarding lobbyist reporting requirements and campaign contribution disclosures for public officials

: Changes the minimum rate of interest that can be charged on delinquent real property taxes in the City of St. Louis and removes the prime rate limitation and authorizes a tax credit for the elderly

: Authorizes a deduction for federal Social Security benefits from Missouri taxable income for certain elderly citizens

: Changes the laws regarding state individual income tax

: Authorizes an income tax credit for service as a poll worker

: Changes the way corporate net operating losses are calculated and removes the restriction for specific depreciation deductions

: Authorizes a tax credit for qualified equity investments

: Establishes the School District Income Tax Surcharge Act which allows school districts to adopt income and sales taxes upon voter approval

: Establishes the Missouri Middle Class Tax Cut Act

: Authorizes an income tax deduction for the value of time spent tutoring in public schools

: Authorizes a deduction from a taxpayer's adjusted gross income for the amount of any increase in Social Security benefits for the elderly

: Authorizes a tax credit for the sale of certain qualifying beef cattle

: Increases the limit on tax credits for qualified film production projects

: Changes the laws regarding several economic development programs

: Reduces the income tax on capital gains from Missouri sources to 3%

: Requires the Department of Revenue to send written notice to certain professional licensees who are delinquent on any state taxes informing them of possible license suspension for nonpayment

: Creates a tax deduction for organ donation

: Requires amount of taxes paid to another state for property taxes to be added back in for purposes of income tax calculation

: Creates an income tax deduction for organ donation

: Increases income tax exemption for retirement and pension income

: Creates an income tax credit for contributions to residential treatment agencies.

: Creates an income tax deduction for small businesses and farmers that provide health insurance coverage for employees

: Requires all contributions to the Missouri Higher Education Savings Program be held for twelve months

: Creates an income tax deduction for organ donation

: Creates an income tax deduction for higher education expenses

: Repeals the quarterly tax collections report requirement for temporary tax collection

: Exempts pension and retirement income of seniors from income taxation

: Amends various provisions relating to withholding of retirement payments for income tax purposes

: Modifies various tax provisions

: Permits an income tax deduction for amount of retirement or pension income taxed by another state

: Modifies the definition of "state agency" with regard to income tax set offs

: Creates a tax credit for low-income household purchases of computers for educational purposes

: Creates a tax credit for shareholders of S corp savings and loan associations

: Modifies income taxation of married couples with taxable incomes of less than $100,000

: Provides a tax credit for modifying a home for a disabled person

: Provides a tax deduction for 100% of the amount the taxpayer has paid for long-term care insurance premiums

: Bars employers from misclassifying employees as independent contractors

: Creates the "St. Louis City School Lead Abatement and Removal Fund"

: Provides an income tax credit for volunteer firefighters

: Modifies provisions regarding the tax contribution designation for the Missouri Military Family Relief Fund

: Exempts military pensions and retirement income from income taxation

: Creates a tax credit for service as a poll worker

: Allows the Director of Revenue to require certain tax returns be filed electronically

: Creates the "Missouri Discovery Alliance" within the Department of Economic Development

: Repeals timely filed discounts for sales tax and income tax withholding to fund the Utilicare Fund

Missouri House of Representatives
Last Updated November 29, 2006 at 9:53 am