Missouri 2025 2025 Regular Session

Missouri House Bill HB426 Comm Sub / Analysis

Filed 01/13/2025

                    HB426--ELIMINATESTAXESONRETIREMENTINCOME
SPONSOR: Vernetti
BeginningJanuary1,2026,100%ofanyretirementallowance
receivedfromanyprivatepensionsourcemustbesubtractedfroma
taxpayer'sMissouriadjustedgrossincome.Thisexemptionmustbe
providedregardlessofthetaxpayer'sfilingstatusorincome.
ThisbillissimilartoHB2657(2024)andHB356(2023).