States / Missouri / SB 1241

SB 1241 Floor Consideration

Authorizes an income tax deduction for tipped income

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

SB 1241 - For all tax years beginning on or after January 1, 2026, this act authorizes an income tax deduction for the first $25,000 in tipped income, as defined in the act, earned by a taxpayer.

This act is substantially similar to HB 1670 (2026) and HB 2173 (2026). JOSH NORBERG

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