A bill, introduced today:
FIRST REGULAR SESSION
HOUSE BILL NO. 874
97TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVES RICHARDSON (Sponsor), TORPEY, BARNES, HOUGHTON, ELMER, CURTMAN, SCHIEBER, RIDDLE, GUERNSEY, CIERPIOT, REDMON, HAAHR, CORNEJO, ROSS, FRANKLIN, HAMPTON, SMITH (120), COOKSON, MILLER, AUSTIN, FOWLER, FRAKER, MESSENGER, BERRY, HINSON, KORMAN AND SCHATZ (Co-sponsors).
2067H.02I D. ADAM CRUMBLISS, Chief Clerk
To repeal section 143.121, RSMo, and to enact in lieu thereof one new section relating to the Olympic Dream Tax Freedom Act.
Be it enacted by the General Assembly of the state of Missouri, as follows:
9. Gross income shall not include the value of any prize or award won by a taxpayer in athletic competition in the Olympic Games.