The exemption could reduce state revenues by around $600 million each year, according to the Institute on Taxation and Economic Policy, roughly equal to the cost of funding 11,000 public school teachers’ salaries.
Related Reading
February 25, 2026
State Rundown 2/25: Sausage-Making Season Is Upon Us
February 9, 2026
What Did 2025 State Tax Changes Mean for Racial and Economic Equity?
Mentioned Locations
Missouri