HB 892 -- Income Tax Deduction for Certain Public College Tuition

Sponsor:  Schoemehl

This bill authorizes, beginning January 1, 2010, an individual
income tax deduction for 100% of the tuition costs for up to the
last 18 hours required to complete a bachelor degree from a
public four-year higher educational institution in this state.
The taxpayer must have been a resident for at least one year
prior to claiming the credit, not have been enrolled as a
full-time student for more than four years, have paid tuition at
the resident rate, and provide proof of graduation from a public
four-year institution conferring the taxpayer's degree.

The provisions of the bill will expire December 31 six years from
the effective date.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am