- Introduced -

SB 9 - This act prevents the receipt of a 2001 federal income tax advance refund check from resulting in an increase in the receiving taxpayer's Missouri state income tax liability. Each individual Missouri taxpayer receiving a check pursuant to the accelerated ten percent income tax rate bracket for 2001 (under the new Internal Revenue Code Section 6428(e)) will be allowed a federal-tax-liability deduction from the taxpayer's Missouri adjusted gross income in the same amount as he or she would have been allowed under previous law.

This act has an emergency clause.

ALAN KELLY