Authorizes an income tax deduction for tipped income

Taxes

Passed Legislature

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

Sponsor: Coleman, Mary Elizabeth; House handler: N/A
Last action: 2026-01-27
Official status: Second Read and Referred S Economic and Workforce Development Committee
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

2026-01-27 S240
Second Read and Referred S Economic and Workforce Development Committee
2026-01-07 S73
S First Read
2025-12-01 Missouri House of Representatives and Missouri Senate
Prefiled

Official Summary Text

The following summaries of this bill are available:

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Introduced

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SB 1241 - For all tax years beginning on or after January 1, 2026, this act authorizes an income tax deduction for the first $25,000 in tipped income, as defined in the act, earned by a taxpayer.
JOSH NORBERG