SB101 - Increases Dependency Exemption to $1200

SB 0101

Increases Dependency Exemption to $1200

Sponsor:	Kenney
LR Number:	S0473.01I	Fiscal Note:	0473-01
Committee:	Ways and Means
Last Action:	02/04/97 - Hearing Conducted S Ways & Means Committee		Journal page:
Title:
Effective Date:	January 1, 1998

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Current Bill Summary

SB 101 - This act raises the Missouri income tax dependency exemption to $1,200 for each dependent beginning January 1, 1998. Until December 31, 1997, the deduction shall remain at the current $400 for each dependent.
RUSS HEMBREE