HB 594 -- CAPITAL GAINS TAX DEDUCTION

SPONSOR: Perkins

For all tax years beginning on or after January 1, 2025, a taxpayer may deduct 100% of all income reported as a capital gain for federal income tax purposes.

This bill is the same as SB 46 (2025).

Statutes affected:
Introduced (1683H.01): 143.121
Committee (1683H.02): 143.121
Perfected (1683H.02): 143.121
Truly Agreed (1683S.04): 67.547, 67.582, 67.1366, 67.1367, 94.900, 135.010, 135.025, 135.030, 137.1050, 143.121, 144.029, 144.812, 321.552, 321.554, 321.556