Bill > SB190

This bill modifies provisions relating to tax relief for seniors in Missouri. It creates a new property tax credit for eligible taxpayers aged 62 or older who own their primary residence. The bill also expands the existing income tax deduction for retirement benefits, including pensions, annuities, and Social Security benefits, by increasing the maximum deduction amount and expanding the income eligibility thresholds. These changes aim to provide additional tax relief for senior citizens in Missouri.

Budget and Finance, Government Affairs, Justice

https://www.senate.mo.gov/23info/BTS_Web/Bill.aspx?SessionType=R&BillID=44564