Missouri income and taxes

The record addresses coal-fired generation or another component of electricity supply that contributes to the generation mix. Coal’s share is coal generation divided by all in-state generation; a retail-rate rule alone does not establish a change in that share. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Coal share of in-state electricity generation. This record’s connection to the topic does not establish an effect on the measured result.

HB 768 -- RENEWABLE ENERGY SPONSOR: Plank Beginning January 1, 2026, through December 31, 2032, this bill authorizes a tax credit for a qualified taxpayer of 30% of residential solar property expenditures made by the taxpayer. Beginning January 1, 2033, through December 31, 2033,the authorized tax credit increases to 35% and for all tax years beginning on or after January 1, 2034, the tax credit increases to 40%. The program sunsets December 31st, six years after the effective date. The bill also increases the required percentages of each electric utility's sales that must come from renewable energy resources. The percentage required begins with no less than 15% by December 31, 2025, and increases incrementally to no less than 100% by December 31, 2059.

The record addresses coal-fired generation or another component of electricity supply that contributes to the generation mix. Coal’s share is coal generation divided by all in-state generation; a retail-rate rule alone does not establish a change in that share. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Coal share of in-state electricity generation. This record’s connection to the topic does not establish an effect on the measured result.

HB 1944 -- RENEWABLE ENERGY RESOURCES SPONSOR: Plank Beginning January 1, 2025, through December 31, 2032, this bill authorizes a tax credit for a qualified taxpayer of 30% of residential solar property expenditures made by the taxpayer. Beginning January 1, 2033, through December 31, 2033,the authorized tax credit increases to 35% and for all tax years beginning on or after January 1, 2034, the tax credit increases to 40%. The program sunsets December 31st, six years after the effective date. The bill also increases the required percentages of each electric utility's sales that must come from renewable energy resources. The percentage required begins with no less than 15% by December 31, 2024, and increases incrementally to no less than 100% by December 31, 2058.

The record addresses coal-fired generation or another component of electricity supply that contributes to the generation mix. Coal’s share is coal generation divided by all in-state generation; a retail-rate rule alone does not establish a change in that share. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Coal share of in-state electricity generation. This record’s connection to the topic does not establish an effect on the measured result.

HB 1079 -- RENEWABLE ENERGY SPONSOR: Plank Beginning January 1, 2024, through December 31, 2032, this bill authorizes a tax credit for a qualified taxpayer of 30% of residential solar property expenditures made by the taxpayer. Beginning January 1, 2033, through December 31, 2033,the authorized tax credit increases to 35% and for all tax years beginning on or after January 1, 2034, the tax credit increases to 40%. The program sunsets December 31st, six years after the effective date. The bill also increases the required percentages of each electric utility's sales that must come from renewable energy resources. The percentage required begins with no less than 15% by December 31, 2023 and increases incrementally to no less than 100% by December 31, 2058.

The record addresses rental housing costs, tenancy, or housing supply relevant to median gross rent. Gross rent includes contract rent and tenant-paid utilities; the record does not determine the statewide median. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.

Developments meeting these criteria can be administratively approved if they comply with land development regulations, excluding those related to density, height, and land use, and parking requirements may be reduced if the development is near public transit. Additionally, portions of multifamily projects providing affordable housing to eligible income groups will be eligible for an ad valorem property tax exemption starting in 2027, with the exemption percentage varying based on income levels, and property owners must apply annually with specific documentation.

The record addresses wages, paid leave, or cash benefits that can form part of household money income. Census household income is measured before taxes; a tax reduction alone is not an increase in this measure. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

HB 1577 -- EMPLOYEE COMPENSATION SPONSOR: Cook This bill repeals the increase in the minimum wage rate. Currently, the minimum wage rate is $13.75 per hour with an increase in the hourly rate each year of $1.25 to $15.00 per hour beginning on January 1, 2026. Under this bill, the minimum wage rates that existed as of December 31, 2024, would apply, which means the minimum wage rate would be $12.00 per hour. Successive increases in the minimum wage rate would be adjusted based on the cost of living, as reflected in the Consumer Price Index for Urban Wage Earners and Clerical Workers, published by the U.S. Department of Labor. Further, this bill repeals the laws relating to paid sick leave. This bill is the same as HB 715 (2025).

The record addresses wages, paid leave, or cash benefits that can form part of household money income. Census household income is measured before taxes; a tax reduction alone is not an increase in this measure. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

HB 3419 -- EMPLOYEE COMPENSATION SPONSOR: Fogle Beginning January 1, 2027, the minimum wage is required to be increased or decreased January 1st each year based on the cost of living. This bill reinstates the provisions of law establishing a system of earned paid sick time and creates new provisions for bereavement leave. The bill provides that all applicable employees will accrue a minimum of one hour of earned paid sick time for every 30 hours worked. Employees of an employer with 15 or more employees can use up to 56 hours of time in any given year but employees of an employer with fewer than 15 employees can only use 40 hours of time in any given year. Accrual begins January 1, 2027, or upon the commencement of employment, whichever is later. Employees may use earned paid sick time following 90 days of continuous employment, unless an employer's written policy allows the use of such leave prior to 90 days. The amount of sick time to be carried over, paid out, or transferred if employed by the same employer are specified in the bill. The bill outlines the reasons for which an employee may use earned paid sick time: (1) An employee's mental or physical illness, injury, or health condition; an employee's need for medical diagnosis, care, or treatment of a mental or physical illness, injury, or health condition; an employee's need for preventative medical care; (2) Care of a family member with a mental or physical illness, injury, or health condition; care of a family member who needs medical diagnosis, care, or treatment of a mental or physical illness, injury, or health condition; care of a family member who needs preventative medical care; (3) Closure of the employee's place of business by order of a public official due to a public health emergency, or an employee's need to care for a child whose school or place of care has been closed by order of a public official due to a public health emergency, or care for oneself or a family member when it has been determined by the health authorities having jurisdiction or by a health care provider that the employee's or family member's presence in the community may jeopardize the health of others because of his or her exposure to a communicable disease, whether or not the employee or family member has actually contracted the communicable disease; or (4) Absence necessary due to domestic violence, sexual assault, or stalking, provided the leave is allowed for the employee or an employee's family member to procure one or more of the services described in the bill. Earned paid sick time shall be provided upon the request of an employee. Such request may be made orally, in writing, by electronic means, or by any other means acceptable to the employer. When possible, the request shall include the expected duration of the absence. Employees shall provide notice of the need for using earned paid sick time when the use is foreseeable. Furthermore, the bill allows certain private employees to earn paid bereavement time in the same manner as earned paid sick time is accrued. Earned paid bereavement time can be used within 90 days of the death of a family member, as defined under current law, or in connection with an event resulting in reproductive loss. Earned paid bereavement time shall begin to accrue at the commencement of employment or January 1, 2027, whichever is later. All provisions applicable to the accrual and use of earned paid sick time are applicable to the accrual and use of earned paid bereavement time under this bill. Employers may request, but not require, employees to search for or find a replacement worker to cover hours during which the employee is using earned paid sick time. Additionally, an employer may require reasonable documentation, as described in the bill, for time used on three or more consecutive work days. Each day of violation or failure to comply and each employee affected shall constitute a separate offense. Furthermore, any individual who claims to have been aggrieved by a failure of an employer to comply with any portion of this bill, including but not limited to the failure to provide earned paid sick time or to allow employees to use such time, or who claims to have suffered a retaliatory personnel action prohibited by this bill, shall have a right of action and may commence a civil action in the appropriate court of jurisdiction within three years of the accrual of the cause of action, to obtain appropriate relief with respect to such unlawful violation. Such action may be brought without first filing an administrative complaint.

The record addresses access to firearms, firearm safety, or prevention of firearm injury. Missouri’s firearm-death count includes suicides, homicides, and other intents; the policy’s target may cover only part of that total. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Firearm deaths. This record’s connection to the topic does not establish an effect on the measured result.

FINDINGS AND DECLARATIONS (Section 1.411) The bill states certain findings about the duties, powers, and role of both the Federal and state government, as described in the bill, including the right to bear arms, as described in the bill. LIMITATION OF POWERS (Section 1.421) This bill further states that no entity or person, including anyone employed by state or local government, has the authority to enforce any of the following Federal laws or regulations: (1) Any tax imposed on firearms or any related product that might reasonably be expected to create a chilling effect on the purchase or ownership of such goods; (2) Any registration or tracking of firearms; (3) Any registration or tracking of the ownership of firearms or any related product; (4) Any act forbidding the possession, ownership, use, or transfer of a firearm or any related product; and (5) Any act ordering the confiscation of firearms or any related products from law-abiding citizens. Nothing will prohibit Missouri officials from accepting aid from Federal officials in an effort to enforce Missouri laws.

The record addresses rental housing costs, tenancy, or housing supply relevant to median gross rent. Gross rent includes contract rent and tenant-paid utilities; the record does not determine the statewide median. This relationship does not establish an effect on the displayed statistic; actions after its measurement period cannot explain the earlier value.

Retained Missouri evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.

occur on August 28, 2024. (2) Applying a sunset provision to those tax credits that currently lack such provision. Such tax credits include: (a) Neighborhood Assistance Tax Credit; (b) Affordable Housing Tax Credit