From 1860bf4cdab5d435f9f30d17fb768d21a19a00e8 Mon Sep 17 00:00:00 2001 From: David Trimmer Date: Thu, 19 Mar 2026 15:09:26 -0400 Subject: [PATCH] Bill review: Eliminates the individual income tax (MO) --- src/data/analysisDescriptions.js | 1 + 1 file changed, 1 insertion(+) diff --git a/src/data/analysisDescriptions.js b/src/data/analysisDescriptions.js index 7f0f0fe..3ea4999 100644 --- a/src/data/analysisDescriptions.js +++ b/src/data/analysisDescriptions.js @@ -61,6 +61,7 @@ const descriptions = { // Missouri "mo-sb458": "Replaces Missouri's graduated income tax brackets (0%-4.7%) with a flat 4.0% rate on all taxable income, effective January 1, 2026. Also eliminates Missouri's federal income tax deduction (\u00a7143.171), which currently allows filers to deduct 5-35% of federal taxes paid. Includes a trigger mechanism for further rate reductions toward zero contingent on a constitutional amendment (not modeled).", + "mo-sb1240": "Eliminates Missouri individual income tax for all tax years beginning on or after January 1, 2027, reducing rates from 2.0%-4.7% to 0%.", // Mississippi "ms-sb2869": "Freezes the Mississippi income tax rate at 4% permanently, reversing the HB1 (Build Up Mississippi Act) phase-out schedule that would reduce the rate to 3% by 2030 and eventually eliminate it.",