MissouriModifies provisions relating to income taxes
What it does
SJR 74 - This constitutional amendment, if approved by the voters, provides that, in the event that the General Assembly reduces the rate of income tax for state purposes below the rate of 4.5%, every county in the state shall be authorized to impose an income tax on the residents of such county, provided that the total combined rate of such tax and the state income tax does not exceed 4.5%
More detail
The taxable income for the purposes of the county income tax shall be a taxpayer's Missouri taxable income for state purposes, and the Department of Revenue shall perform all functions incident to the administration, collection, enforcement, and operation of the tax.
All taxes collected pursuant to this amendment shall be deposited in the "County Income Tax Trust Fund" and shall be considered nonstate funds, but shall not commingled with any funds of the state or be subject to appropriation by the General Assembly. JOSH NORBERG
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 27Second Read and Referred S Economic and Workforce Development CommitteeLatest
- Jan 7S First ReadMinor
- 2025
- Dec 1PrefiledIntroduced