Missouri · Senate Bill 1287 · 2026 Regular Session (103rd General Assembly)

Modifies provisions relating to an income tax deduction for certain retirement benefits

SB 1287 Sponsored by David Gregory Died in committee

  1. Introduced Dec 1, 2025
  2. In committee Jan 27, 2026
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

SB 1287 - Current law authorizes a taxpayer to deduct a maximum of the first $6,000 of any retirement allowance received from any privately funded sources if the taxpayer's Missouri adjusted gross income is less than $25,000 if filing single, $32,000 if filing married combined, or $16,000 if filing married separately. For all tax years beginning on or after January 1, 2027, this act increases such deduction to…

Read the full title (176 words)

SB 1287 - Current law authorizes a taxpayer to deduct a maximum of the first $6,000 of any retirement allowance received from any privately funded sources if the taxpayer's Missouri adjusted gross income is less than $25,000 if filing single, $32,000 if filing married combined, or $16,000 if filing married separately. For all tax years beginning on or after January 1, 2027, this act increases such deduction to $12,000 and increases the income thresholds to $50,000, $64,000, and $32,600, respectively. This act is identical to HCS/HBs 1762 & 2059 (2026), SB 620 (2025), HB 44 (2025), and HB 2657 (2024), and to a provision in HCS/SS/SB 898 (2024), and is substantially similar to HB 2205 (2026), HB 1423 (2024), SB 241 (2023), SB 448 (2023), SB 585 (2023), HB 156 (2023), HB 456 (2023), HB 662 (2023), HB 1206 (2023), SB 871 (2022), HB 2853 (2022), SB 157 (2021), SB 847 (2020), and HB 1725 (2020), and to provisions in HCS/SS#3/SCS/SB 131 (2023), SS/SB 190 (2023), HCS/SB 247 (2023), HS/HCS/HB 356 (2023), and SCS/HCS#2/HB 713 (2023).

Every action

3 steps, oldest first, as the legislature records them.

  1. SenatePrefiled
  2. SenateS First Read
  3. CommitteeSecond Read and Referred S Local Government, Elections and Pensions Committee · Senate Local Government, Elections and Pensions

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Missouri's official records (www.senate.mo.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.