Bill Commons

MO SB 1231

died on adjournment

SB 1231 - Federal law requires taxpayers to amortize the deduction for research and experimental expenses over a period of years. This act allows a taxpayer to deduct the full amount of such expenses for the taxpayer's state income taxes during the tax year in which they were incurred. This act is identical to SB 349 (2025), HB 136 (2025), SB 1365 (2024), and HB 2457 (2024), and to a provision in HCS/HB 1427 (2024). JOSH NORBERG

Missouri · 2026 Regular Session · upper

Description

SB 1231 - Federal law requires taxpayers to amortize the deduction for research and experimental expenses over a period of years. This act allows a taxpayer to deduct the full amount of such expenses for the taxpayer's state income taxes during the tax year in which they were incurred. This act is identical to SB 349 (2025), HB 136 (2025), SB 1365 (2024), and HB 2457 (2024), and to a provision in HCS/HB 1427 (2024). JOSH NORBERG

Introduced
Status date
Latest action
2026-01-27 — Second Read and Referred S Economic and Workforce Development Committee
Bill type
bill
Last updated

Sponsors

  • Fitzwater, Travisprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-27

    Second Read and Referred S Economic and Workforce Development Committee

    reading-2,referral-committee

  2. 2026-01-07

    S First Read

    reading-1

  3. 2025-12-01

    Prefiled

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:25:15.077812Z

Use this data

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