HB 2620·MO·house
Modifies provisions relating to an income tax deduction for certain National Guard duties
FailedFiled Dec 31, 2025
Sponsor: Jim Schulte
Latest Action
Referred: Emerging Issues(H)
May 15, 2026
Summary
The bill replaces section 143.175 with a rule that lets Missouri taxpayers deduct a portion of their National Guard or reserve component income from state taxable income. The deductible share rises from 20 % in 2020 to 100 % by 2024, and later adds bonuses and state‑funded orders. Compensation earned while serving in civilian federal jobs is excluded.
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