Budget & Taxes (Income Tax)

in committee · Missouri · House May 15, 2026

HB 2173: Modifies provisions relating to income tax on tips

HB 2173 is titled "Modifies provisions relating to income tax on tips," but the bill text actually adjusts how Missouri calculates taxable income by modifying adjustments to federal adjusted gross income (AGI). It adds back certain federal tax refunds (like pandemic-related payments excluded from Missouri tax) and specific deductions, while subtracting items like interest from federal bonds. The bill directly affects Missouri taxpayers by changing their state tax liability based on federal tax calculations, particularly for refunds and deductions related to federal tax law changes. This is a procedural tax code adjustment, not a new policy, and does not involve income tax on tips as the title suggests.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill modifies tax calculation to include excluded federal refunds, increasing taxable income and state revenue.90% confidence

Sub-Topics Business Taxes Income Tax

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died · Missouri · House Jan 2, 2026

HB 2229: Authorizes the "Missouri No Tax on Car Loan Interest Tax Credit", relating to a tax credit for certain new motor vehicle loan interest payments

HB 2229 creates a Missouri state tax credit for interest paid on new personal vehicle loans meeting specific criteria (e.g., manufactured in the U.S., under 14,000 lbs, purchased after 2025). It allows eligible Missouri residents who paid qualified loan interest (capped at $10,000 annually) to reduce their state income tax liability by that amount, with the credit phased out for taxpayers earning over $100,000 in adjusted gross income. The credit is non-refundable, cannot be carried forward, and expires after 2029 unless renewed. The bill was prefaced in 2025 but withdrawn in January 2026, so it never became law.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state tax liability for eligible residents, aligning with tax relief policy as a direct fiscal incentive.95% confidence

Sub-Topics Income Tax Tax Credits

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failed · Missouri · Senate May 5, 2026

SB 1032: Creates an income tax deduction for certain dependents

SB 1032 would create a new income tax deduction for specific dependents, potentially lowering tax bills for eligible taxpayers. The bill's official abstract states it establishes this deduction but does not specify which dependents qualify (e.g., age, relationship) or the deduction amount. As the bill is in early stages (prefiled, referred to committee), no detailed provisions or eligibility criteria are provided in the available context. This summary reflects only the bill's stated purpose from its title and abstract, with no additional details confirmed.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax deduction, reducing tax burden for eligible taxpayers, aligning with tax relief indicators for middle/lower income.85% confidence

Sub-Topics Income Tax

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in committee · Missouri · House Feb 26, 2026

HB 1785: Modifies provisions relating to an income tax credit for contributions to pregnancy resource centers

HB 1785 creates a state income tax credit for Missouri taxpayers who donate to qualifying pregnancy resource centers. It offers tax credits of 50% (2007-2020), 70% (2021-2026), and 100% (2027+) of donations, up to $50,000 annually per taxpayer. To qualify, centers must provide free, non-abortion services (no abortions performed/referred) and meet strict criteria like in-person support and IRS tax-exempt status. The bill sets annual spending limits on total credits ($2.5M until 2019, then $3.5M until 2021, with no cap after 2021) and requires state verification of center eligibility.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates tax credits reducing state revenue (50-100% of donations), directly weakening budget through tax expenditure rather than strengthening fiscal management.95% confidence ✓ HealthcareSupports HealthcareBill provides tax credits to fund pregnancy resource centers offering non-abortion health services, directly supporting access to reproductive health care through state incentives.92% confidence

Sub-Topics Income Tax Tax Credits Women's Health

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in committee · Missouri · Senate Jan 27, 2026

SB 1341: Authorizes a tax credit for certain educational expenses

SB 1341 would authorize a tax credit for eligible taxpayers who pay certain educational expenses, such as tuition or qualified training costs. The bill would allow these taxpayers to reduce their state income tax liability by a specified amount based on their qualifying expenses. However, the official abstract does not specify which educational expenses qualify, the credit amount, or the exact eligibility criteria for taxpayers. As a prefiled bill (first read on 2026-01-07), it remains under consideration and has not yet become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit reduces state income tax liability for educational expenses, providing tax relief per indicators.85% confidence ✓ EducationSupports EducationBill authorizes tax credit for educational expenses, potentially increasing access/cost relief for taxpayers, though specific details are unspecified.60% confidence

Sub-Topics Income Tax Tax Credits Higher Education Student Financial Aid

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in committee · Missouri · House May 15, 2026

HB 2575: Modifies provisions relating to income tax

HB 2575 modifies Missouri's individual income tax rates for residents. It sets a fixed top tax rate of 4.95% for tax years 2023-2026, replacing the previous tiered system. Starting in 2027, the top rate will be 4.7% or the existing rate as of January 1, 2027, whichever is lower. Additionally, the bill allows for annual 0.15 percentage point reductions beginning in 2024, potentially lowering the rate to zero over time. This affects all Missouri residents who pay state income tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill reduces top income tax rates (4.95% to 4.7%) with annual cuts, providing tax relief for taxpayers.95% confidence

Sub-Topics Business Taxes Income Tax Sales Tax

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in committee · Missouri · House Feb 12, 2026

HB 2116: Modifies provisions governing contributions to qualified tuition programs

HB 2116 modifies Missouri's tax treatment for qualified tuition programs, primarily federal 529 college savings plans. It exempts program assets, income, and refunds for qualified education expenses from state income tax, while allowing taxpayers to deduct up to $8,000 annually (or $16,000 for joint filers) from their state taxable income for contributions. Distributions not used for education expenses or transferred per federal rules would become taxable income. This bill directly affects Missouri residents who use 529 plans for education savings, providing state tax benefits tied to federal program rules.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for education savings, reducing state tax burden on contributors and aligning with tax incentive policies for families.95% confidence ✓ EducationSupports EducationProvides tax incentives for 529 college savings plans, increasing higher education affordability through state tax deductions and exemptions.95% confidence

Sub-Topics Income Tax Higher Education

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in committee · Missouri · House Jan 20, 2026

HB 2215: Authorizes an income tax deduction for amounts paid towards tangible personal property taxes

HB 2215 would allow Missouri residents to deduct all paid tangible personal property taxes (such as taxes on cars, boats, or equipment) from their state income tax starting in 2027. Eligible taxpayers could claim this deduction either as a standard subtraction or through itemized deductions on their state tax return, excluding penalties, interest, or special assessments. The Department of Revenue would verify qualifying amounts, and the program would automatically expire six years after implementation unless the legislature reauthorizes it. This change directly affects individual taxpayers with tangible personal property tax obligations who file Missouri income taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows income tax deduction for property taxes, reducing tax burden for residents - direct tax relief aligned with middle-income support indicators.92% confidence

Sub-Topics Income Tax Property Tax

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in committee · Missouri · House May 15, 2026

HB 1921: Creates the "Missouri Worker Dues Tax Fairness Act", authorizing an income tax subtraction for certain union dues paid to a labor organization by a taxpayer

HB 1921, the "Missouri Worker Dues Tax Fairness Act," allows Missouri taxpayers to subtract union dues from their state income tax. It applies to individuals who pay union dues (including initiation fees but excluding political contributions) and are subject to Missouri income tax, with a maximum annual subtraction of $2,000 per person or $4,000 for joint returns. The deduction becomes effective for tax years beginning January 1, 2027, and requires taxpayers to provide documentation like pay stubs or union statements to claim the benefit. This policy directly affects union members by reducing their taxable income for state tax purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief for workers via union dues subtraction, aligning with tax relief indicators for middle-income taxpayers.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentAllows tax deduction for union dues, strengthening collective bargaining by reducing financial burden on workers and supporting union membership rights under Labor & Employment policies.95% confidence

Sub-Topics Income Tax Collective Bargaining

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in committee · Missouri · House May 15, 2026

HB 1816: Modifies provisions relating to an income tax credit for contributions to pregnancy resource center

HB 1816 creates a Missouri state tax credit for individuals and businesses donating to qualifying pregnancy resource centers. Taxpayers can claim a credit equal to 50% of donations for 2007-2020, rising to 70% for 2021-2026, and 100% after 2027, with a $50,000 annual cap per donor. To qualify, centers must provide in-person pregnancy support services without performing or referring for abortions, operate at no cost to clients, and meet specific service and exemption requirements under Missouri law. The credit reduces state tax liability for donors who contribute to these designated centers.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits reducing taxable income for donations to pregnancy centers, providing tax relief as a fiscal incentive under Missouri's tax code.95% confidence

Sub-Topics Income Tax Tax Credits

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