Budget & Taxes

in committee · Missouri · Senate Jan 15, 2026

SB 1096: Authorizes a sales tax exemption for certain property sold at auction

SB 1096 would authorize a sales tax exemption for specific property sold at auction. It directly affects sellers and buyers of qualifying property (like personal property or certain real estate) during auction sales. The key provision removes the requirement to pay state sales tax on these qualifying auction transactions. This bill focuses on changing the tax treatment for these sales without altering broader tax structures. (Note: The bill is currently in committee review and has not yet passed.)

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax exemption for qualifying auction sales, reducing sales tax burden per its summary, aligning with tax relief indicator.90% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · Missouri · Senate Jan 27, 2026

SB 1240: Eliminates the individual income tax

SB 1240 would eliminate the state's individual income tax, meaning residents would no longer pay taxes on their earnings. This change would directly affect all state residents who currently file income tax returns. The bill's key provision is the complete removal of the tax obligation, requiring the state to rely on alternative revenue sources. The bill was prefilled in December 2025 and received its first reading in January 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates individual income tax, providing direct tax relief and removing a key revenue source, aligning with tax relief indicators.95% confidence

Sub-Topics Business Taxes Income Tax Revenue

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in committee · Missouri · Senate Jan 14, 2026

SB 891: Modifies provisions relating to the administrative rules process

SB 891 requires state agencies to get approval from the General Assembly before implementing new administrative rules that cost more than $250,000 annually. This directly affects state departments and agencies creating rules with significant budget impacts. The bill adds a mandatory legislative review step for high-cost rules, replacing the current process where agencies could adopt such rules without direct legislative consent. It modifies how administrative rules are approved, ensuring elected officials review major fiscal decisions before they take effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires legislative approval for high-cost administrative rules, enhancing fiscal oversight and promoting responsible budget management through mandatory review of significant spending impacts.95% confidence

Sub-Topics Audits & Accountability Government Spending

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in committee · Missouri · Senate Jan 27, 2026

SJR 77: Authorizes a property tax exemption for disabled veterans

SJR 77 is a Senate Joint Resolution proposing a property tax exemption for disabled veterans. It would authorize the state to exempt qualifying disabled veterans from paying property taxes on their primary residence. This resolution is currently in early stages (prefiled and first read) and would require further legislative approval to become law. It does not currently change tax policy but proposes a new exemption for disabled veterans if enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesProposes property tax exemption for disabled veterans, providing targeted tax relief to a specific group, aligning with tax relief indicators.90% confidence ✓ VeteransSupports VeteransProposes property tax exemption for disabled veterans, directly expanding financial benefits and reducing costs for this group.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Veteran Benefits Veteran Education Veteran Healthcare Tags People with Disabilities

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in committee · Missouri · Senate Jan 27, 2026

SB 1336: Authorizes a tax credit for the purchase of certain homes

Based solely on the provided abstract and bill details, a substantive summary cannot be generated. The abstract ("Authorizes a tax credit for the purchase of certain homes") and title lack specific details about eligibility criteria (e.g., income level, home price limits, first-time buyer status), the credit amount, or implementation mechanisms. Without these concrete policy elements, describing "who it directly affects" or "key mechanisms" would require speculation, which conflicts with the requirement to remain factual and neutral. The bill's current status (prefiled, first read) confirms it is early in the process, but this does not clarify the policy substance.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes a tax credit for home purchases, a form of tax relief. Strong inference aligns with support indicators for middle-income homeownership, though eligibility details are unspecified.80% confidence

Sub-Topics Sales Tax Tax Credits Tax Incentives

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in committee · Missouri · Senate Mar 25, 2026

SB 1209: Authorizes a tax credit for certain newspaper printing plants

SB 1209 authorizes a 50% tax credit against Missouri state tax liability for qualifying newspaper printing plants based on wages paid to pressroom and mailroom staff. The credit applies to businesses headquartered in Missouri that derive most revenue from printing newspapers for public distribution, with annual credits capped at $7 million. Unused credits can be refunded or transferred, and the program expires automatically six years after implementation unless renewed by the legislature. This bill directly supports newspaper printing operations by reducing their state tax burden through wage-based incentives.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit reducing state tax liability for qualifying newspaper printing plants, directly advancing tax relief policy within budget/tax framework.92% confidence ✓ Labor & EmploymentSupports Labor & EmploymentTax credit explicitly tied to wages paid to pressroom/mailroom staff incentivizes higher compensation for these workers, directly supporting employment in the sector.95% confidence

Sub-Topics Tax Credits

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in committee · Missouri · Senate Jan 29, 2026

SB 864: Modifies provisions relating to tax credits

SB 864 creates two new tax credit programs for Missouri businesses. First, it provides a $5 per ton tax credit for wood energy producers using Missouri forest residue to make processed wood products, valid for five years with a $6 million annual cap and expiring after 2028. Second, it establishes a 25% tax credit (up to $75,000 annually per facility) for small meat processing facilities (employing fewer than 500 people total) to cover modernization or expansion costs like equipment, building upgrades, or waste management systems, with a $2 million annual statewide cap. Both credits reduce state tax liability but are non-refundable and require applications to the state authority. The bill replaces prior tax credit provisions and sets specific expiration dates for all new credits.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for businesses, reducing tax burden and aligning with tax relief support indicators per bill summary.95% confidence ✓ EnergySupports EnergyProvides tax credits for wood energy producers using renewable forest residue, directly funding renewable energy infrastructure and production per bill summary.95% confidence ✓ TransportationSupports TransportationBill extends tax credits for ethanol, biodiesel, and railroad infrastructure, directly supporting transportation fuel and rail development.85% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Freight Rail Transportation Funding

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passed · Missouri · House Apr 29, 2026

HB 1883: Provides a sales tax exemption for certain used personal property

HB 1883 creates a sales tax exemption for certain used personal property sold by businesses in Missouri. It directly affects businesses selling items like used manufacturing equipment, repair parts for vehicles or aircraft, and materials recovered for reuse in production. Key provisions exempt physical items used in manufacturing processes (such as machinery parts or recycled materials), repair services for transportation equipment, and property used in material recovery facilities. This policy change removes sales tax from these specific transactions, aligning with existing tax exemption rules for similar business inputs.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates sales tax exemption for business sales, providing tax relief for manufacturers and recyclers, directly advancing tax policy.95% confidence

Sub-Topics Sales Tax Tax Incentives

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in committee · Missouri · Senate Jan 14, 2026

SB 877: Requires General Assembly and gubernatorial approval of proposed administrative rules with a fiscal note over $250,000

SB 877 requires state agencies to get approval from both the Missouri General Assembly and the governor before implementing new administrative rules that cost more than $250,000 annually in public funds or impose costs exceeding $250,000 per year on individuals or businesses. It adds a 30-day review period with the Joint Committee on Administrative Rules and mandates that such rules cannot take effect until the legislature passes a concurrent resolution approving them and the governor signs it or the veto is overridden. This applies to all rules except those needed for federal compliance or funding. The bill aims to create additional oversight for significant fiscal impacts of regulations.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires legislative/governor approval for costly rules, promoting fiscal oversight and accountability per fiscal note requirements.95% confidence

Sub-Topics Government Spending

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in committee · Missouri · Senate Mar 11, 2026

SJR 68: Prohibits the taxation of unrealized gains

This bill prohibits state taxation of unrealized gains, meaning it would prevent taxes on increases in the value of assets (like stocks or property) before those assets are sold. It directly affects taxpayers who hold appreciating assets but haven't yet converted them to cash. The bill establishes a clear rule that unrealized gains cannot be subject to state tax, without specifying implementation details or exceptions. As a procedural measure, it focuses on defining a tax boundary rather than creating new programs or altering existing tax structures.

Topics ✓ Budget & TaxesSupports Budget & TaxesProhibits state taxation of unrealized gains, reducing tax burden on asset holders without specifying exceptions, aligning with tax relief indicators.95% confidence

Sub-Topics Sales Tax

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