Summary of the Truly Agreed Version of the Bill

SCS HS HCS HB 5, 1 & 2 -- FEDERAL INCOME TAX DEDUCTION

This bill allows a state individual income tax deduction equal
to the amount of any federal advance refund or federal credit
received by a taxpayer for the accelerated 10% income tax rate
bracket for tax year 2001.

The bill contains an emergency clause.


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Missouri House of Representatives
Last Updated October 19, 2001 at 4:30 pm