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Missouri senators lay over talks on two bills to eliminate state capital gains tax

2848552 · April 2, 2025
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Summary

After floor debate and a recess for negotiations, the Missouri Senate laid over House Bill 594 and House Bill 508 — measures aimed at eliminating the state's capital gains tax — with about six weeks left in the 2025 legislative session.

Missouri senators on Tuesday laid over discussion of House Bill 594 and House Bill 508, measures aimed at eliminating Missouri's version of a capital gains tax, after further negotiations were scheduled following floor debate and a brief recess.

Sen. Curtis Trent of Battlefield, who is handling the legislation in the Senate, noted to Sen. Tracy McCrory of St. Louis County that the measures had already been discussed on the chamber floor. Lawmakers recessed to continue negotiations, and the bills were laid over for additional talks rather than advanced to a vote.

The timing of the delay is notable: after this week, lawmakers will have about six weeks remaining in the 2025 regular legislative session. Senate leaders signaled the upper chamber will shift focus to additional House bills in the coming weeks.

No formal vote on either bill was recorded during the session summarized in the transcript, and no final amendments or outcomes were announced. The matter was left for continued negotiation on the Senate floor.

Reporting from the state capital, Dean Morgan.