Loading chat...
MO HB1213
Bill
Status
1/6/2010
Primary Sponsor
Gary Dusenberg
Click for details
AI Summary
-
Exempts certain disabled veterans from Missouri state income tax on their taxable income, effective for tax years beginning on or after January 1, 2011.
-
Defines "veteran" as a person who served in World War II (December 7, 1941 - December 31, 1946), Korean conflict (June 27, 1950 - January 31, 1955), Vietnam War (February 28, 1961 - May 7, 1975), Persian Gulf War (August 2, 1990 onward), or Iraq/Afghanistan operations (September 11, 2001 onward).
-
Requires veterans to have become 50 percent or more disabled as a result of their military service and to have been Missouri residents when they entered the armed forces.
-
Authorizes the Department of Revenue to promulgate rules to implement the exemption and requires veterans to provide documentation to verify eligibility.
-
Program automatically sunsets six years after the effective date unless reauthorized by the General Assembly, with a further 12-year sunset if reauthorized.
Legislative Description
Authorizes a state income tax exemption for the state taxable income of certain disabled veterans
Last Action
Referred: Veterans (H)
5/14/2010