Official Summary Text
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SS/SB 1032 - Current law authorizes a taxpayer to claim a $1,200 exemption for each dependent for whom such taxpayer is entitled to a dependency exemption for federal tax purposes, provided such federal exemption is not equal to $0. This act authorizes a taxpayer to claim a $2,400 exemption during the tax year in which a taxpayer gives birth to or adopts a child for which the taxpayer is entitled to a dependency exemption for federal tax purposes, regardless of whether the federal exemption is equal to $0.
This act is substantially similar to SB 371 (2025), SB 1225 (2024), HB 457 (2023) and SB 12 (2022 First Extraordinary Session), and to a provision in SS/SCS/SB 133 (2023), as amended.
JOSH NORBERG
Senate Substitute
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SS/SB 1032 - Current law authorizes a taxpayer to claim a $1,200 exemption for each dependent for whom such taxpayer is entitled to a dependency exemption for federal tax purposes, provided such federal exemption is not equal to $0. This act authorizes a taxpayer to claim a $2,400 exemption during the tax year in which a taxpayer gives birth to a child for which the taxpayer is entitled to a dependency exemption for federal tax purposes, regardless of whether the federal exemption is equal to $0.
This act is identical to SB 371 (2025) and SB 1225 (2024), and to a provision in SS/SCS/SB 133 (2023), as amended, and is substantially similar to HB 457 (2023) and SB 12 (2022 First Extraordinary Session).
JOSH NORBERG
Introduced
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SB 1032 - Current law authorizes a taxpayer to claim a $1,200 exemption for each dependent for whom such taxpayer is entitled to a dependency exemption for federal tax purposes, provided such federal exemption is not equal to $0. This act authorizes a taxpayer to claim a $2,400 exemption during the tax year in which a taxpayer gives birth to a child for which the taxpayer is entitled to a dependency exemption for federal tax purposes, regardless of whether the federal exemption is equal to $0.
This act is identical to SB 371 (2025) and SB 1225 (2024), and to a provision in SS/SCS/SB 133 (2023), as amended, and is substantially similar to HB 457 (2023) and SB 12 (2022 First Extraordinary Session).
JOSH NORBERG
Current Bill Text
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SECOND REGULAR SESSION
[PERFECTED]
SENATE SUBSTITUTE FOR
SENATE BILL NO. 1032
103RD GENERAL ASSEMBLY
INTRODUCED BY SENATOR MOON.
5404S.02P KRISTINA MARTIN, Secretary
AN ACT
To repeal section 143.161, RSMo, and to enact in lieu thereof one new section relating to an income
tax exemption for certain dependents.
Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Section 143.161, RSMo, is repealed and one new 1
section enacted in lieu thereof, to be known as section 143.161, 2
to read as follows:3
143.161. 1. For all taxable years beginning after 1
December 31, 1997, a resident may deduct one thousand two 2
hundred dollars for each dependent for whom such resident is 3
entitled to a dependency exemption deduction for federal 4
income tax purposes, provided that the exemption amount as 5
defined under 26 U.S.C. Section 151 is not zero. In the 6
case of a dependent who has attained sixty-five years of age 7
on or before the last day of the taxable year, if such 8
dependent resides in the taxpayer's home or the dependent's 9
own home or if such dependent does not receive Medicaid or 10
state funding while residing in a facility licensed pursuant 11
to chapter 198, the taxpayer may deduct an additional one 12
thousand dollars. 13
2. For all taxable years beginning on or after January 14
1, 1999, a resident who qualifies as an unmarried head of 15
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household or as a surviving spouse for federal income tax 16
purposes may deduct an additional one thousand four hundred 17
dollars. 18
3. For all taxable years beginning on or after January 19
1, 2015, for each birth for which a certificate of birth 20
resulting in stillbirth has been issued under section 21
193.165, a taxpayer may claim the exemption under subsection 22
1 of this section only in the taxable year in which the 23
stillbirth occurred, if the child otherwise would have been 24
a member of the taxpayer's household. 25
4. (1) In addition to the exemptions provided for 26
pursuant to subsections 1 to 3 of this section, for all tax 27
years beginning on or after January 1, 2027, a taxpayer may 28
deduct two thousand four hundred dollars for each child to 29
which a taxpayer gives birth or adopts during the tax year 30
and for which the taxpayer is entitled to a dependency 31
exemption for federal income tax purposes, regardless of 32
whether the exemption amount as defined under 26 U.S.C. 33
Section 151 is zero. 34
(2) A deduction authorized pursuant to this subsection 35
shall only be made for the tax year in which the taxpayer 36
gives birth to or adopts a child for which the taxpayer is 37
entitled to the deduction provided in subdivision (1) of 38
this subsection and shall only be made for the child to 39
which the taxpayer gives birth or adopts during the tax year. 40
(3) A taxpayer shall not be eligible to claim a 41
deduction pursuant to this subsection and subsection 1 or 3 42
of this section for the same child. 43
(4) The deduction authorized in this subsection may be 44
claimed either by: 45
(a) The taxpayer giving birth to or adopting the child; 46
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(b) The taxpayer's spouse if the taxpayer files 47
married filing jointly; or 48
(c) Any other taxpayer that is entitled to a 49
dependency exemption for the child for federal income tax 50
purposes, regardless of whether the exemption amount as 51
defined under 26 U.S.C. Section 151 is zero. 52
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