Summary of the Introduced Bill

HB 1594 -- Income Tax Exemptions

Sponsor:  Smith (14)

This bill authorizes an individual income tax deduction for any
military retirement benefits received by a taxpayer that has not
already been deducted or excluded from his or her federal
adjusted gross income.  The current limited deduction for
military retirement benefits is removed because of the full
deduction allowance.

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:43 am