SB 870 – Creates a tax deduction for dentists providing services to MO HealthNet participants

• Sponsor: Kraus
• LR Number: 5213S.02I
• Committee: Ways and Means
• Last Action: 2/11/2016 - Voted Do Pass S Ways and Means Committee
• Effective Date: August 28, 2016

Current Bill Summary

SB 870 - Under this act, dentists are entitled to deduct any income earned by providing services to MO HealthNet participants that is placed in a valid retirement account from their Missouri income. This deduction will be available for all tax years after January 1, 2016.

DOMENIC SITA