FIRSTREGULARSESSION
HOUSEBILLNO.1170
103RDGENERALASSEMBLY
INTRODUCEDBYREPRESENTATIVECHRIST.
1551H.01I JOSEPHENGLER,ChiefClerk
ANACT
Torepealsection92.113,RSMo,andtoenactinlieuthereofonenewsectionrelatingto
taxationofdeferredcompensationplans.
BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
SectionA.Section92.113,RSMo,isrepealedandonenewsectionenactedinlieu
2thereof,tobeknownassection92.113,toreadasfollows:
92.113.Asreferredtoinsection92.111,theterm"salaries,wages,commissions, and
2othercompensation"shallnotincludeanycontributionstoanydeferredcompensationplans
3[,]including, butnotlimitedto,anysalaryreductionplans,cafeteriaplansoranyothersimilar
4plansdeferringthereceiptofcompensationbyaresidentornonresidentifsuchcontributionis
5notsubjecttoMissouristateincometaxatthetimesuchcontributionismade, orany
6paymentundersuchplanifsuchpaymentisnotsubjecttoMissouristateincometaxat
7thetimesuchpaymentismade.
âś”
EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage.