Missouri 2025 2025 Regular Session

Missouri House Bill HB1571 Comm Sub / Analysis

Filed 04/07/2025

                    HB1571--INCOMETAXES
SPONSOR: Douglas
Currently,iftheamountoftheMissouriWorkingFamilytaxcredit
exceedsthetaxliability,thedifferencemustnotberefundedto
thetaxpayer,anditmustnotbecarriedforwardtoanyfollowing
taxyear.Thisbillprovidesthat,foralltaxyearsbeginningon
andafterJanuary1,2026,taxcreditsissuedundertheprovisions
ofthissectionmustberefundable.
ThisbillisthesameasHB1478,HB1479,andHB1554(2025).