Summary of the Introduced Bill

HB 1206 -- Income Tax:  Pension Deduction

Sponsor:  Boucher

This bill limits the current individual income tax deduction for
annuities, pensions, and retirement allowances to taxpayers who
are 65 years of age or older.  Under current law, there is no age
restriction.

The bill will become effective January 1, 2003.

Copyright (c) Missouri House of Representatives

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