HB 1677 -- Health Insurance Premium Deduction

Sponsor:  Ervin

This bill authorizes a phased-in income tax deduction for health
insurance premiums paid by the taxpayer for the taxpayer, the
taxpayer's spouse, or the taxpayer's dependents.  For tax year
2006, a 20% deduction is allowed, 40% for 2007, 60% for 2008, 80%
for 2009, and 100% for 2010.

The provisions of the bill will expire six years from the
effective date.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am