Summary of the Introduced Bill

HB 675 -- Income Tax Credit for Military Retirement Benefits

Sponsor:  Kraus

Beginning January 1, 2007, this bill authorizes an individual
income tax credit equal to 100% of the military retirement
benefits received by a taxpayer.  The tax credit is not
transferable or refundable.

The provisions of the bill will expire on December 31 six years
from the effective date.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am