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Missouri · 2025 Regular Session · Bill

HB 675: Establishes the "First-Time Business Owner Savings Account Act" and authorizes a tax deduction for contributions to a savings account dedicated to starting a new business

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 675 is a bill introduced in the Missouri House on December 23, 2024. According to its official title, it concerns: Establishes the "First-Time Business Owner Savings Account Act" and authorizes a tax deduction for contributions to a savings account dedicated to starting a new business. Primary sponsor: Michael Johnson (Democratic). Most recent recorded action (May 15, 2025): Referred: Emerging Issues(H).

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Michael JohnsonPrimary sponsorDemocraticHouse23

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Referred: Emerging Issues(H)
  2. Read Second Time (H)
  3. Read First Time (H)
  4. Prefiled (H)

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source