HB 122 -- INCOME TAX (Gaskill)

This bill allows an individual income taxpayer to not file and
pay Missouri income tax if such taxpayer is not required to file
a federal income tax return.

This bill will become effective January 1, 2000.

FISCAL NOTE:  No impact on state funds.

HB 122 -- INCOME TAX

SPONSOR:  Gaskill

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Ways and Means by a vote of 15 to 0.

This bill allows an individual income taxpayer to not file and
pay Missouri income tax if such taxpayer is not required to file
a federal income tax return.

This bill will become effective January 1, 2000.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that this bill will eliminate the
need for certain taxpayers to file a federal return just for the
purpose of filing a Missouri return to receive certain tax
benefits.

Testifying for the bill was Representative Gaskill.

OPPONENTS:  There was no opposition voiced to the committee.

Bill Tucker, Assistant Director of Research

HB 122 -- Income Tax Filing Requirements

Sponsor:  Gaskill

This bill allows an individual income taxpayer to not file and
pay Missouri income tax if such taxpayer is not required to file
a federal income tax return.

This bill will become effective January 1, 2000.