Bill > SB1138

This bill, known as the "Retaining MO Workers Act", proposes a tax exemption for certain professions in Missouri by allowing qualifying employees to subtract the first $100,000 of their income from their federal adjusted gross income starting in tax year 2027. Qualifying employees include first responders (such as peace officers, firefighters, and paramedics), nurses, teachers, veterans, government employees, laborers in specific North American Industry Classification System (NAICS) sectors, commercial motor vehicle drivers, nursing home employees, child care providers, and lineworkers. The bill provides detailed definitions for each of these professional categories, specifying the exact types of workers who would be eligible for the tax exemption. The purpose appears to be to provide financial relief and incentives for workers in critical and essential professions by reducing their state income tax burden. Only income earned specifically as a qualifying employee would be eligible for this subtraction, meaning income from other sources would not qualify for the tax exemption.

Labor and Employment

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=453