- Introduced -

SB 931 -This act authorizes an income tax credit for each dependent for whom a taxpayer is allowed to claim a dependency exemption deduction. The credit is equal to $250 per dependent, and is allowed for married taxpayers filing a combined return with Missouri adjusted gross income of $30,000 or less and for other filers (single, head of household, qualifying widow or widower, married filing separately) with Missouri adjusted gross income of $15,000 or less.