Summary of the Introduced Bill

HB 218 -- Corporate Income Tax Rate Reductions

Sponsor:  Stevenson

This bill authorizes a gradual reduction in the corporate income
tax rate for tax years beginning September 1, as follows:  2007
from 6.25% to 5%; 2008 to 3.75%; 2009 to 2.5%; 2010 to 1.25%; and
2011 and after no corporate income tax will be imposed.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am