Summary of the Introduced Bill

HB 2406 -- Income Tax Deduction for Educational Expenses

Sponsor:  Scharnhorst

Beginning January 1, 2012, this bill authorizes an income tax
deduction of up to $2,500 for tuition, attendance fees, and
school supplies to resident taxpayers who have a dependent
enrolled in any grade from kindergarten to 12 in any elementary
or secondary school in the state.  The Department of Revenue will
establish the procedure by which the deduction can be claimed.

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

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Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm