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Read. Follow. Verify.Missouri House Bill 1762 doubles private pension income tax deductions and raises adjusted gross income ceilings beginning in 2027
Last action · April 1, 2026: Reported Do Pass (H)Sponsors: Mike McGirl and 1 other
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What This Bill Would Do
Missouri HB 1762 increases the maximum income tax deduction for privately funded retirement benefits from $6,000 to $12,000 for tax years starting on or after January 1, 2027, and raises the adjusted gross income ceilings used to qualify for the deduction. The measure applies to individual taxpayers receiving private pensions, annuities, or retirement allowances.
Retiring residents with private pensions or retirement allowances could see lower state income tax liabilities starting in 2027 due to the doubled deduction cap and higher income thresholds, while taxpayers exceeding the income ceilings face a phase-out reduction.
- House Bill 1762 was introduced during the 2026 Regular Session of the Missouri General Assembly by Representative Mike McGirl. context
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Individual taxpayers with private pensions
Taxpayers receiving privately funded retirement benefits qualify for a doubled deduction cap and higher adjusted gross income ceilings starting in 2027.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the maximum private pension deduction under the bill and when does it take effect?
How does the income threshold change for single filers claiming the private pension exemption?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
12 actions- Apr 1, 2026HouseCommitteeReported Do Pass (H)
- Mar 26, 2026HouseCommitteeVoted Do Pass (H)
- Mar 26, 2026HouseExecutive Session Completed (H)
- Mar 10, 2026HouseCommitteeReferred: Rules - Legislative(H)
- Mar 5, 2026HouseCommitteeHCS Reported Do Pass (H)
- Mar 4, 2026HouseCommitteeHCS Voted Do Pass (H)
Show 6 earlier actions
- Mar 4, 2026HouseExecutive Session Completed (H)
- Feb 11, 2026HousePublic Hearing Completed (H)
- Feb 9, 2026HouseCommitteeReferred: Pensions(H)
- Jan 8, 2026HouseFloorRead Second Time (H)
- Jan 7, 2026HouseIntroducedRead First Time (H)
- Dec 1, 2025HouseIntroducedPrefiled (H)
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Stepped Increase in Private Pension Deductions
The bill implements a long-term adjustment schedule, moving private pension deductions from $6,000 to $12,000 and doubling income thresholds for tax years beginning in 2027.
Connected Entities
Sources
house.mo.gov
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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