Loading chat...

MO HB1696

Bill

Official Source

Status

Introduced

1/30/2014

Primary Sponsor

Courtney Curtis

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Repeals and reenacts Missouri Code Section 143.161 relating to income tax deductions for residents
  • Allows unmarried residents aged 25-64 to deduct $1,000 from Missouri adjusted gross income for taxable years beginning after December 31, 2014
  • Requires eligible residents to submit a signed affidavit under penalty of perjury to the Department of Revenue attesting they have never had a child
  • Maintains existing deductions for dependents ($1,200 per dependent) and head of household/surviving spouse filers ($1,400 for taxable years beginning on or after January 1, 1999)
  • Provides additional $1,000 deduction for taxpayers with dependents aged 65+ who reside in the taxpayer's home or their own home and do not receive Medicaid or state facility funding

Legislative Description

Authorizes an income tax deduction for single residents who have never had a child

Last Action

Referred: Ways and Means(H)

2/11/2014

Committee Referrals

Ways And Means2/11/2014

Full Bill Text

No bill text available