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HB2690 • 2026

Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services

Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Chappell, Darin (137)
Last action
2026-01-08
Official status
01/08/2026 - Read Second Time (H)
Effective date
2026-08-28

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-01-08 Missouri House of Representatives and Missouri Senate

    Read Second Time (H)

  2. 2026-01-07 Missouri House of Representatives and Missouri Senate

    Read First Time (H)

  3. 2026-01-05 Missouri House of Representatives and Missouri Senate

    Prefiled (H)

Official Summary Text

Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services