States / Missouri / SB 1240

SB 1240 Floor Consideration

Eliminates the individual income tax

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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

Chamber
Senate
Introduced
Dec 1, 2025
Last action
Dec 1, 2025 — Prefiled
Session
2026
Momentum
39 · Low