Missouri HB2924: Authorizes an income tax deduction for tipped income

What the bill says

From the introduced text:

SECOND REGULAR SESSION HOUSE BILL NO. 2924 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE LAUBINGER. 6138H.01I JOSEPH ENGLER, Chief Clerk To repeal section 143.121, RSMo, and to enact in lieu thereof one new section relating to an income tax deduction for certain tipped income. Section A. Section 143.121, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 143.121, to read as follows: 143.121. 1. The Missouri adjusted gross income of a resident individual shall be the taxpayer's federal adjusted gross income subject to the modifications in this section. 2. There shall be added to the taxpayer's federal adjusted gross income: (1) The amount of any federal income tax refund received for a prior year which resulted in a Missouri income tax benefit. The amount added pursuant to this subdivision shall not include any amount of a federal income tax refund attributable to a tax credit reducing a taxpayer's federal tax liability pursuant to Public Law 116-136 or 116-260, enacted by the 116th United States Congress, for the tax year beginning on or after January 1, 2020, and ending on or before December 31, 2020, and deducted from Missouri adjusted gross income pursuant to section 143.171. The amount added under this subdivision shall also not include any amount of a federal income tax refund attributable …

Read the full official text

Sponsors

• Becky Laubinger (R, 117) · primary sponsor

Latest actions

1. February 26, 2026: Referred: Emerging Issues(H)
2. January 13, 2026: Read Second Time (H)
3. January 12, 2026: Introduced and Read First Time (H)

Common questions

What is HB2924?

HB2924 is a bill in the Missouri Legislature (2026 Regular Session): Authorizes an income tax deduction for tipped income.

What is the status of HB2924?

In committee as of February 26, 2026. Latest action: Referred: Emerging Issues(H) (February 26, 2026).

Who sponsored HB2924?

Becky Laubinger (R, 117).

Where is the official record for HB2924?

On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2924&year=2026&code=R