SB 1240 – Eliminates the individual income tax

• Sponsor: Coleman
• LR Number: 4352S.01I
• Last Action: 12/1/2025 - Prefiled
• Effective Date: August 28, 2026

Current Bill Summary

SB 1240 - Current law imposes an income tax on all Missouri taxable income. For all tax years beginning on or after January 1, 2027, this act eliminates the Missouri individual income tax.

JOSH NORBERG

Amendments

No Amendments Found.