HB 2 -- Federal Income Tax Deduction Co-Sponsors: Secrest, Hegeman, Hanaway, Naeger, Shields, Reinhart, Luetkemeyer, Purgason This bill allows as a deduction from state individual income tax any amount of federal credit received for the accelerated 10% income tax bracket for tax year 2001 or any amount of advanced refund of such credit as provided for in section 6428(e) of the Internal Revenue Code, to the extent such credit or advanced refund would otherwise increase the Missouri taxable income of a taxpayer. The bill contains an emergency clause.Copyright (c) Missouri House of Representatives