HENDRICKSON, LUETKEMEYER, PHILLIPS, SECREST, LOUDON, HARTZLER (124), AKIN,
SUMMERS, BARTELSMEYER, PURGASON, GASKILL, NAEGER, KELLEY (47),
REINHART AND BERKSTRESSER.
Read 1st time January 26, 2000, and 1000 copies ordered printed.
ANNE C. WALKER, Chief Clerk
AN ACT
To repeal sections 143.151 and 143.161, RSMo Supp. 1999, relating to individual income taxes, and to enact in lieu thereof two new sections relating to the same subject.
Section A. Sections 143.151 and 143.161, RSMo Supp. 1999, are repealed and two new sections enacted in lieu thereof, to be known as sections 143.149 and 143.505, to read as follows:
143.149. For all tax years beginning on or after January 1, 2000, a resident individual shall be allowed a deduction in an amount equal to the federal personal exemption in effect for such tax year for such individual, such individual's spouse if a joint return is filed, and each dependent for whom such individual is entitled to an exemption deduction for federal income tax purposes.
143.505. The director of the department of revenue shall, with respect to all nonitemized state income tax returns, create an income tax return card not to exceed five inches by seven inches. Such income tax return card shall allow the direct transfer of as many tax calculations from a taxpayer's federal income tax return to such taxpayer's state income tax return for the same tax year as possible.
[143.151. For all taxable years beginning before January 1, 1999, a resident shall be allowed a deduction of one thousand two hundred dollars for himself or herself and one thousand two hundred dollars for his or her spouse if he or she is entitled to a deduction for such personal exemptions for federal income tax purposes. For all taxable years beginning on or after January 1, 1999, a resident shall be allowed a deduction of two thousand one hundred dollars for himself or herself and two thousand one hundred dollars for his or her spouse if he or she is entitled to a deduction for such personal exemptions for federal income tax purposes.]
[143.161. 1. For all taxable years beginning after December 31, 1997, a resident may deduct one thousand two hundred dollars for each dependent for whom such resident is entitled to a dependency exemption deduction for federal income tax purposes. In the case of a dependent who has attained sixty-five years of age on or before the last day of the taxable year, if such dependent resides in the taxpayer's home or the dependent's own home or if such dependent does not receive Medicaid or state funding while residing in a facility licensed pursuant to chapter 198, RSMo, the taxpayer may deduct an additional one thousand dollars.
2. For all taxable years beginning before January 1, 1999, a resident who qualifies as an unmarried head of household or
as a surviving spouse for federal income tax purposes may deduct an additional eight hundred dollars. For all taxable
years beginning on or after January 1, 1999, a resident who qualifies as an unmarried head of household or as a surviving
spouse for federal income tax purposes may deduct an additional one thousand four hundred dollars.]
Missouri House of Representatives