Summary of the Introduced Bill

HB 308 -- Income Tax Deduction for Military Retirement Benefits

Sponsor:  Kraus

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, regardless of age or income.  The current
limited deduction for military retirement benefits is removed to
allow for the full deduction.

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