SB 814 – Allows an individual to deduct income earned through active military duty from their Missouri adjusted gross income

• Sponsor: Wallingford
• LR Number: 4441H.03T
• Committee: Ways and Means
• Last Action: 6/28/2016 - Signed by Governor
• Journal Page: S2319
• Title: HCS SCS SB 814
• Effective Date: August 28, 2016
• House Handler: Allen

Current Bill Summary

HCS/SCS/SB 814 - Under this act, after January 1, 2016, any income earned as compensation for being a member of the active duty component of the armed forces may be deducted from the person's Missouri adjusted gross income to determine that individual's Missouri taxable income. If filing a combined return with a spouse, active duty income may be deducted from their Missouri combined adjusted gross income to determine their Missouri taxable income.

DOMENIC SITA