LEGISLATIVE POLICY BRIEF: MO Legislature Sends Tax Cut to Governor Nixon

Issue Summary: The Missouri legislature is debating several measures that would amend the state income tax rate for individuals, businesses, and corporations. Together, Democrats and Republicans have filed over a dozen bills that propose changes to Chapter 143 (Income Tax) of Missouri Revised Statutes (RSMo). Although there are considerable differences among the different versions that have been filed, House and Senate leaders have highlighted the issue of broad based tax reform as a top priority in the 2014 legislative session.