HB 2116 Missouri House · 2026 Regular Session

Modifies provisions governing contributions to qualified tuition programs

HB 2116 modifies Missouri's tax treatment for qualified tuition programs, primarily federal 529 college savings plans. It exempts program assets, income, and refunds for qualified education expenses from state income tax, while allowing taxpayers to deduct up to $8,000 annually (or $16,000 for joint filers) from their state taxable income for contributions. Distributions not used for education expenses or transferred per federal rules would become taxable income. This bill directly affects Missouri residents who use 529 plans for education savings, providing state tax benefits tied to federal program rules.

Bill status in committee 1 of 4 stages cleared

Introduction

Dec 2025

Committee Review

Floor Vote

Governor

Introduced Dec 2, 2025 Last action Feb 12, 2026

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What changed between versions

Introduced → House Committee Substitute · 3 edits

MINOR

This bill was amended to add a sunset provision that limits the tax deduction for contributions to certain qualified tuition programs. The change affects taxpayers who contribute to programs not established under specific Missouri sections, restricting their ability to claim deductions after December 31, 2026, unless they had already claimed the deduction in prior years.

Scope change

The bill's scope was narrowed to include a time limitation on tax deductions for specific types of qualified tuition programs, affecting eligibility for future tax years.

TIMELINE

Added a sunset provision effective for tax years beginning on or after January 1, 2027, that restricts tax deductions for contributions to qualified tuition programs not established under sections 166.400 to 166.455.

ELIGIBILITY

Introduced an exception allowing individuals who claimed the tax deduction prior to December 31, 2026, to continue claiming it in subsequent years, subject to limitations.

TECHNICAL

Removed introductory text indicating the bill was introduced by Representative Owen and changed the bill number from 4309H.01I to 4309H.02C.

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 12, 2026

Lower · Passed

HCS Reported Do Pass (H) - AYES: 11 NOES: 3 PRESENT: 1

lower

Feb 11, 2026

Lower · Passed

HCS Voted Do Pass (H)

lower

Jan 20, 2026

Committee

Referred: Financial Institutions(H)

lower

Dec 2, 2025

Introduced

Prefiled (H)

lower

1 primary · 1 co-sponsor