Bill > HB2811

This bill authorizes an income tax deduction for individuals on the first $25,000 of bonus pay received from their employer, starting in tax years beginning on or after January 1, 2027. "Bonus pay" is defined as any payment to an employee beyond regular wages or overtime that is nonrecurring, does not increase the employee's base pay rate, and has no commitment for future payment. This includes supplemental wages but excludes tips and overtime. This provision is added to existing Missouri tax law, which outlines various additions and subtractions to federal adjusted gross income to determine Missouri adjusted gross income.

https://house.mo.gov/Bill.aspx?bill=HB2811&year=2026&code=R