HB 630 Missouri House · 2025 Regular Session

Establishes "The Constitutional Money Act" which regulates the treatment and use of gold and silver

HB 630 (the "Constitutional Money Act" title is misleading) primarily revises Missouri's income tax calculation rules, not gold/silver regulation. It modifies Section 143.121 to add specific federal tax items to Missouri adjusted gross income, including most federal tax refunds (except pandemic-related credits) and certain tax-exempt interest. The bill also adjusts business deduction rules for property purchased in 2002-2003 and changes how net operating losses are treated for state tax purposes. This directly affects Missouri residents and businesses filing state income tax returns by altering taxable income calculations. The brief reference to "specie" (gold/silver) in Section 30.266 relates only to the state treasurer holding a minimal 1% of state funds in physical currency, not regulating public use of precious metals.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 19, 2024 Last action Mar 5, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
8
Key actions
2
Committee
3
Mar 5, 2025
Lower · Passed
HCS Reported Do Pass (H) - AYES: 14 NOES: 4 PRESENT: 0
lower
Mar 4, 2025
Lower · Passed
HCS Voted Do Pass (H)
lower
Feb 19, 2025
Committee
Referred: Government Efficiency(H)
lower
Dec 19, 2024
Introduced
Prefiled (H)
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Michael Davis
Michael Davis
RRepublican
MO
56