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SB1440 • 2026

Modifies an income tax deduction for contributions to 529 savings accounts

Modifies an income tax deduction for contributions to 529 savings accounts

Taxes
Passed Legislature

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

Sponsor
Hudson, Brad; House handler: N/A
Last action
2026-02-05
Official status
Second Read and Referred S Insurance and Banking 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

  1. 2026-02-05 S305

    Second Read and Referred S Insurance and Banking Committee

  2. 2026-01-07 S92

    S First Read

  3. 2025-12-16 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 1440 - Current law authorizes an income tax deduction for contributions made to the Missouri Higher Education Deposit Program, the Missouri Education Program, or to any other qualified tuition program established under 26 U.S.C. Section 529. For all tax years beginning on or after January 1, 2026, this act removes references to other federal 529 qualified tuition programs so that contributions made to such programs in other states shall not qualify for a Missouri income tax deduction.

This act is substantially similar to HB 1272 (2025) and to a provision in HCS/HB 606 (2025).
JOSH NORBERG