MissouriModifies provisions relating to an income tax deduction for certain farmers
What it does
SCS/SB 1291 - Current law authorizes an income tax deduction for certain income received for the sale or lease of farmland to beginning farmers. This act adds a definition of "taxpayer" to such deduction.
More detail
This provision is substantially similar to HB 3324 (2026), SB 682 (2025), and HB 1042 (2025), and to a provision in CCS/HCS/SB 994 (2026), HCS/SS/SB 67 (2025), HCS/HB 828 (2025), and HCS/SS/SCS/SB 466 (2025). JOSH NORBERG
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 12SCS Voted Do Pass S Agriculture, Food Production and Outdoor Resources Committee (4319S.02C)Latest
- Feb 5Hearing Conducted S Agriculture, Food Production and Outdoor Resources Committee
- Jan 27Second Read and Referred S Agriculture, Food Production and Outdoor Resources CommitteeMinor
- Jan 7S First ReadMinor
- 2025
- Dec 1PrefiledIntroduced