HB 1081 -- Income Tax:  Deduction for Qualified Education Expenses

Co-Sponsors:  Bearden, Cunningham, Portwood

This bill authorizes an individual income tax deduction for
certain qualified education expenses.

The amount of the deduction will be equal to 25% of qualified
education expenses incurred by a resident taxpayer who is a
custodian of one or more qualified pupils attending public and
non-public elementary and secondary schools in Missouri.  The
maximum deduction per taxpayer is $500 per tax year.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:00 am