Pre-filed December 21, 1999, and 1000 copies ordered printed.
ANNE C. WALKER, Chief Clerk
AN ACT
To repeal section 143.011, RSMo 1994, relating to individual income tax rates for Missouri residents, and to enact in lieu thereof one new section relating to the reduction of individual income tax rates for Missouri residents.
Section A. Section 143.011, RSMo 1994, is repealed and one new section enacted in lieu thereof, to be known as section 143.011, to read as follows:
143.011. A tax is hereby imposed for every taxable year on the Missouri taxable income of every resident. For taxable years beginning after December 31, 2000, the tax shall be determined by applying the tax table or the rate provided in section 143.021, which is based upon the following rates:
If the Missouri taxable income is: The tax is:
Not over $1,000.00 1 [�]% of the Missouri
taxable income
Over $1,000 but not over $2,000 $15 plus [2] 1 1/2% of excess over $1,000
Over $2,000 but not over $3,000 $35 plus 2 [�]% of
excess over $2,000
Over $3,000 but not over $4,000 $60 plus [3] 2 1/2% of
excess over $3,000
Over $4,000 but not over $5,000 $90 plus 3 [�]% of
excess over $4,000
Over $5,000 but not over $6,000 $125 plus [4] 3 1/2% of
excess over $5,000
Over $6,000 but not over $7,000 $165 plus 4 [�]% of
excess over $6,000
Over $7,000 but not over $8,000 $210 plus [5] 4 1/2% of
excess over $7,000
Over $8,000 but not over $9,000 $260 plus 5 [�]% of
excess over $8,000
Over $9,000 $315 plus [6] 5 1/2% of
excess over $9,000
Missouri
House of Representatives