SB 1279 - Current law authorizes an income tax deduction for contributions made to a 529 savings account, with such deduction limited to $8,000 for single filers and $16,000 for married filing combined filers. This act removes the limits such that 100% of such contributions shall be deductible.JOSH NORBERG
Statutes affected: Introduced (5303S.01):
166.435
Senate Committee Minutes: SENATE COMMITTEE MINUTES Bill No.: SB 1279
Sponsor: Coleman
Hearing Date: 2/4/2026
COMMITTEE: Economic and Workforce Development
CHAIRMAN: Brown (26)
DATE REFERRED: 1/27/2026 DATE HEARING REQUESTED: 1/30/2026
STAFF:
Mary Beth Bruns
Frank Catanzaro
Hannah Embry
Josh Norberg
WITNESSES GIVING INFORMATION:
WITNESSES FOR:
Jared Hankerson - Missouri Chamber
WITNESSES AGAINST: