Missouri · 2025 Regular Session · Bill

HB 814: Establishes the "Missouri Business Tax Adjustment Act", adjusting the income tax rates applied to the Missouri taxable income of certain business entities based on annual net revenue, upon voter approval

In committee Last action May 15, 2025: Referred: Emerging Issues(H)

Plain-language summary

HB 814 is a bill introduced in the Missouri House on January 9, 2025. According to its official title, it concerns: Establishes the "Missouri Business Tax Adjustment Act", adjusting the income tax rates applied to the Missouri taxable income of certain business entities based on annual net revenue, upon voter approval. Primary sponsor: Ray Reed (Democratic). Most recent recorded action (May 15, 2025): Referred: Emerging Issues(H).

Sponsors

Primary sponsor: Ray Reed (Democratic).