HCS HB 364 -- INCOME TAX DEDUCTION FOR HEALTH INSURANCE PREMIUMS
(Ervin)

COMMITTEE OF ORIGIN:  Ways and Means

This substitute authorizes 100% of the amount paid for
nonreimbursed qualified health insurance premiums to be deducted
from a taxpayer's Missouri taxable income to the extent the
amount is not already included in the taxpayer's itemized
deductions.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of
$2,420,215 to $11,220,215 in FY 2008, $2,429,524 to $11,229,524
in FY 2009, and $2,433,245 to $11,233,245 in FY 2010.  No impact
on Other State Funds in FY 2008, FY 2009, and FY 2010.

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