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MO HB2265

Bill

Status

Introduced

3/2/2010

Primary Sponsor

Douglas Funderburk

Click for details

Origin

House of Representatives

2010 Regular Session

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