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MO HB2265
Bill
Status
Introduced
3/2/2010
Primary Sponsor
Douglas Funderburk
Click for details
AI Summary
- Repeals and replaces section 143.071 of Missouri law regarding corporate income tax rates
- Maintains 5% corporate income tax rate for tax years beginning before September 1, 1993
- Maintains 6.25% corporate income tax rate for tax years beginning September 1, 1993 through December 31, 2010
- Eliminates all corporate income tax effective January 1, 2011, imposing zero tax on Missouri taxable income of corporations for all subsequent tax years
Legislative Description
Eliminates the annual corporate income tax beginning January 1, 2011
Last Action
Referred: Tax Reform (H)
5/14/2010
Committee Referrals
Tax Reform5/14/2010
Full Bill Text
No bill text available