Bill Commons

MO SB 1237

died on adjournment

SB 1237 - Current law imposes a graduated income tax rate and authorizes reductions in the top rate of income tax contingent on certain state revenue collections, with an eventual top rate of 4.5%. This act provides that, for all tax years beginning on or after January 1, 2027, there shall be a flat income tax rate of 4% on all taxable income. This act also provides for additional reductions in the rate of tax until the income tax is eliminated. The reductions shall be equal to 0.1% and shall occur when the amount of net general revenue collected in the previous fiscal year exceeds the highest amount of net general revenue collected in any of the three fiscal years prior to such fiscal year by at least $120 million. (Section 143.011) Current law also authorizes an income tax deduction for a portion of federal income taxes paid. This act eliminates such deduction beginning with the 2027 tax year. (Section 143.171) This act is identical to SB 5 (2025 First Extraordinary Session) and is similar to SB 220 (2025). JOSH NORBERG

Missouri · 2026 Regular Session · upper

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Quick answers

Did MO SB 1237 pass?

No. MO SB 1237 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-12-01): Prefiled

What is MO SB 1237 about?

MO SB 1237 is a bill in the 2026 Regular Session titled “SB 1237 - Current law imposes a graduated income tax rate and authorizes reductions in the top rate of income tax contingent on certain state revenue collections, with an eventual top rate of 4.5%. This act provides that, for all tax years beginning on or after January 1, 2027, there shall be a flat income tax rate of 4% on all taxable income. This act also provides for additional reductions in the rate of tax until the income tax is eliminated. The reductions shall be equal to 0.1% and shall occur when the amount of net general revenue collected in the previous fiscal year exceeds the highest amount of net general revenue collected in any of the three fiscal years prior to such fiscal year by at least $120 million. (Section 143.011) Current law also authorizes an income tax deduction for a portion of federal income taxes paid. This act eliminates such deduction beginning with the 2027 tax year. (Section 143.171) This act is identical to SB 5 (2025 First Extraordinary Session) and is similar to SB 220 (2025). JOSH NORBERG”.

Who sponsors MO SB 1237?

Schroer, Nick is the primary sponsor of MO SB 1237.

Description

SB 1237 - Current law imposes a graduated income tax rate and authorizes reductions in the top rate of income tax contingent on certain state revenue collections, with an eventual top rate of 4.5%. This act provides that, for all tax years beginning on or after January 1, 2027, there shall be a flat income tax rate of 4% on all taxable income. This act also provides for additional reductions in the rate of tax until the income tax is eliminated. The reductions shall be equal to 0.1% and shall occur when the amount of net general revenue collected in the previous fiscal year exceeds the highest amount of net general revenue collected in any of the three fiscal years prior to such fiscal year by at least $120 million. (Section 143.011) Current law also authorizes an income tax deduction for a portion of federal income taxes paid. This act eliminates such deduction beginning with the 2027 tax year. (Section 143.171) This act is identical to SB 5 (2025 First Extraordinary Session) and is similar to SB 220 (2025). JOSH NORBERG

Introduced
—
Latest action
2025-12-01 — Prefiled
Bill type
bill
Last updated
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Sponsors

  • Schroer, Nickprimary

Committees

Not provided by source.

Action timeline

Newest first

  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_api_sync, retrieved 2026-07-31T14:08:13.255192Z

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