SB 670
Creates an income tax deduction for higher education expenses
Sponsor:
LR Number:
3371S.01I
Committee:
Last Action:
2/9/2006 - Hearing Conducted S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2006

Current Bill Summary

SB 670 - This act creates a deduction against a taxpayers Missouri state income tax for qualified higher education expenses. In order to qualify, the taxpayer student or taxpayer claiming a student as a dependent, must have a federal adjusted gross income of less than two hundred thousand dollars regardless of whether the taxpayer files a joint or single return and the educational expenses must be incurred by a student registered at least half time.

JASON ZAMKUS

Amendments