HB 1661 -- NONRESIDENT TAXABLE INCOME CALCULATIONS (LeVota)

COMMITTEE OF ORIGIN:  Special Committee on Tax Reform

This bill exempts property taxes paid by certain nonresident
taxpayers from being added-back to their adjusted gross income if
the other state does not require a similar add-back of Missouri's
property taxes.

FISCAL NOTE:  Estimated Cost to General Revenue Fund of
$5,800,000 to $7,300,000 in FY 2009, FY 2010, and FY 2011.  No
impact on Other State Funds in FY 2009, FY 2010, and FY 2011.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:10 pm