Missouri Revised Statutes
Chapter 209 - Disabilities Assistance, Aid to the Blind, and Rights of Persons with Visual, Hearing or Physical Disabilities
Section 209.625 - Assets exempt from taxation.

Effective - 28 Aug 2019, 2 histories
209.625. Assets exempt from taxation. — 1. Notwithstanding any law to the contrary, the assets of the ABLE program held by the board and the assets of any ABLE account and any income therefrom shall be exempt from all taxation by the state or any of its political subdivisions. Income earned or received from an ABLE account or deposit shall not be subject to state income tax imposed pursuant to chapter 143. The exemption from taxation pursuant to this section shall apply only to assets and income maintained, accrued, or expended pursuant to the requirements of the ABLE program established pursuant to sections 209.600 to 209.645, and no exemption shall apply to assets and income expended for any other purposes. Annual contributions made to the ABLE program held by the board up to and including eight thousand dollars per participating taxpayer, and up to sixteen thousand dollars for married individuals filing a joint tax return, shall be subtracted in determining Missouri adjusted gross income pursuant to section 143.121.
2. If any deductible contributions to or earnings from any such program referred to in this section are distributed and not used to pay qualified disability expenses or are not held for the minimum length of time established by the appropriate Missouri board, the amount so distributed shall be added to the Missouri adjusted gross income of the participant, or, if the participant is not living, the designated beneficiary.
3. The provisions of this section shall apply to tax years beginning on or after January 1, 2015.
4. The assets held in an ABLE account under sections 209.600 to 209.645 shall not be considered the property of a conservatorship estate established under chapter 475.
5. The provisions of subsection 4 of this section shall not apply to ABLE accounts in the charge and custody of a public administrator.
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(L. 2015 S.B. 174 § 166.625, A.L. 2019 S.B. 230)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XII - Public Health and Welfare

Chapter 209 - Disabilities Assistance, Aid to the Blind, and Rights of Persons with Visual, Hearing or Physical Disabilities

Section 209.010 - Division to aid blind persons.

Section 209.015 - Blindness education, screening and treatment program fund — uses of fund — rulemaking.

Section 209.020 - Division may receive and expend donations and bequests.

Section 209.030 - Blind pensions, eligibility requirements — termination of payments for failure to submit to vision test — change of address, notice to department.

Section 209.035 - Proceeds from involuntary conversion, how treated — receipt defined.

Section 209.040 - Standard of vision, vision test required, exemption — amount of payments, effect of insufficient appropriations — medical assistance — supplemental appropriations, when.

Section 209.050 - Persons refusing work ineligible for pensions — names may be stricken from roll.

Section 209.060 - Application for pension — payment begins, when — misrepresentation, penalty.

Section 209.070 - Division to prepare suitable blank application forms.

Section 209.080 - Division to make regulations relative to examination of applicants for pensions.

Section 209.090 - Division to prepare roll of pensioners — to distribute pensions.

Section 209.100 - Division to keep blind pension roll.

Section 209.110 - Person aggrieved may appeal.

Section 209.130 - Rate of tax to be levied.

Section 209.140 - Persons violating provisions of law guilty of misdemeanor.

Section 209.150 - Rights of persons with disabilities — service dogs, no extra charge for — liability for actual damages.

Section 209.152 - Trainers of guide, hearing or service dogs, no extra charge for — liability for damages.

Section 209.160 - Discrimination or interference with persons having visual, hearing or physical disabilities, a misdemeanor.

Section 209.162 - Discrimination or interference with persons having visual, hearing or physical disability, an unlawful employment practice — complaints, filed by aggrieved persons.

Section 209.170 - October fifteenth to be white cane safety day, governor to note.

Section 209.180 - State and its political subdivisions and tax money recipients to employ visually handicapped on same terms as other employees, exception.

Section 209.190 - Housing accommodations, defined — discrimination against persons with visual, hearing or physical disabilities, prohibited — dogs, guide, hearing or service to have full access — liability for actual damages.

Section 209.192 - Definitions — blind literacy study — division of special education to make annual report.

Section 209.200 - Definitions.

Section 209.202 - Crime of causing substantial injury to or the death of a service dog, penalty — failure to control an animal that causes substantial injury to or the death of a service dog, penalty — harassment of a service dog, penalty — damages.

Section 209.204 - Impersonating a person with a disability for the purpose of receiving certain accommodations, penalty, civil liability — misrepresentation of dog as service dog, penalty, civil liability — misrepresentation of animal as assistance a...

Section 209.240 - Amount of pension — need, how determined.

Section 209.245 - Financial assistance for obtaining hearing aids, program established — fund created — powers of commission.

Section 209.251 - Definitions.

Section 209.253 - Statewide dual-party relay system, establishment by PSC — advisory assistive technology council to administer — rulemaking authority.

Section 209.255 - Rate established to recover costs of programs — surcharge, limitations, collection — exemption from taxes.

Section 209.257 - Telephone company to deduct percentage to cover cost — percentage determined by PSC — money collected, deposit — use of deaf relay service fund.

Section 209.258 - Deaf relay service fund established, purpose — deposit — unexpended balance not to be transferred to general revenue — commission and advisory assistive technology council to request appropriations from fund for service delivery.

Section 209.259 - Review of surcharge and deduction percentage — recommendation procedures — surcharge adjusted when — excess funds, effective.

Section 209.260 - Telecommunications companies responsibility for quality of services, individuals with disabilities.

Section 209.261 - Definitions.

Section 209.263 - Person relaying conversation not to disclose contents, exception — order to disclose — privilege.

Section 209.265 - No disclosure of conversation without permission — penalty.

Section 209.285 - Definitions.

Section 209.287 - Board for certification of interpreters established — appointment, qualification, terms — expenses — meetings — chairman elected how — quorum — removal from office, procedure.

Section 209.289 - Coordinator to be hired, qualifications, salary and expenses.

Section 209.292 - Board's powers and duties — evaluation team to be appointed, qualifications, expenses — removal from team, procedure.

Section 209.295 - Rules and regulations, authority to promulgate, duties of commission.

Section 209.297 - Applications for certification, content, oath — fee not refundable — applicant to be given date for evaluation.

Section 209.299 - Evaluations to be held where and when — coordinator to notify applicants of score.

Section 209.302 - Eligibility for evaluation.

Section 209.305 - Evaluations, subjects to be covered — confidentiality of tests and records.

Section 209.307 - Conflict of interest for board or evaluation team, effect.

Section 209.309 - Provisional certificates issued when — limitation — requirements — extension granted when.

Section 209.311 - Fees, how established.

Section 209.314 - Grievances on evaluation, procedure.

Section 209.317 - Certificate may be suspended, denied or revoked — hearing procedure.

Section 209.318 - Fund for certification of interpreters established, purpose — lapse into general revenue when — first fiscal year, board's expenses, how paid.

Section 209.319 - State committee of interpreters to be established in division of professional registration, appointment, qualifications, terms, compensation — vacancies — quorum — meetings.

Section 209.321 - License required to practice interpreting — certain professions exempt — practice to be limited to training and education — not considered interpreting, when — out-of-state licensees, temporary interpreting permitted — provisional l...

Section 209.322 - Certificates recognized by the board.

Section 209.323 - License application forms, content, oath, fee not refundable, qualifications, licenses expire, when — reinstatement procedure — replacement of license lost or destroyed.

Section 209.326 - Temporary license issued to persons licensed in other states, procedure, fee limitation.

Section 209.328 - Ethical rules of conduct established by rules, duties of committee — other rules authorized.

Section 209.331 - Procedure to adopt rules.

Section 209.332 - State committee of interpreters fund established, purpose — transfer to general revenue, when — profession of interpreter not to be subject to taxation or licensing fees by municipalities.

Section 209.334 - Refusal to issue or renew license, grounds, complaint procedure — reinstatement procedure.

Section 209.337 - Violations, penalty — injunction granted when — venue.

Section 209.339 - Conversation between a hearing person and a deaf person, interpreter is deemed a conduit, confidentiality, exceptions.

Section 209.600 - Definitions.

Section 209.605 - Program created — ABLE board to administer, members, terms — powers — meetings — investment of funds.

Section 209.610 - Agreements, terms and conditions — contribution limits.

Section 209.615 - Deposit and investment of moneys.

Section 209.620 - Cancellation of participation agreement, penalty.

Section 209.625 - Assets exempt from taxation.

Section 209.630 - Assets used for ABLE program purposes only.

Section 209.635 - Rulemaking authority.

Section 209.640 - State treasurer's office, semiannual review.

Section 209.645 - ABLE account moneys not part of total state revenues.