# Missouri HB2690: Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services

Missouri HB2690, Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services, is a 2026 Regular Session House bill sponsored by Darin Chappell (Republican); status failed, last action 2026-05-15 (Referred: Emerging Issues) (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/MO-HB2690-2026
- As of: 2026-11-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Missouri HB2690
- State: Missouri
- Session: 2026 Regular Session
- Title: Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services
- Status: failed
- Chamber: House
- Introduced: 2026-01-05
- Last action: 2026-05-15, Referred: Emerging Issues
- Sponsor: Darin Chappell (Republican)
- Cosponsors: 1
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Darin Chappell (Republican), House
- Cosponsor: Jeff Coleman (Republican), House

## Actions (4)

- 2026-05-15: Referred: Emerging Issues (House)
- 2026-01-08: Read Second Time (House)
- 2026-01-07: Read First Time (House)
- 2026-01-05: Prefiled (House)

## Bill text

- Introduced, 2026-01-07: [PDF](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5006H.01I.pdf)

## Related bills

- HB2586: Revises the par value of membership shares and allows for participation in board meetings by telephone or electronic means (signed)
- HB2596: Modifies provisions relating to health benefit plans (signed)
- HB2372: Modifies provisions relating to health care (signed)
- HB1867: Authorizes Joplin to increase a transient guest tax for tourism to no more than six percent upon a vote of the people (signed)
- HB1871: Modifies provisions relating to elections (signed)
- HB1840: Establishes an alert system to assist in the location of missing persons with developmental disabilities (signed)

## Sources
- [Introduced (PDF)](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5006H.01I.pdf)

## Related
- [HB2586: Revises the par value of membership shares and allows for participation in boar…](https://policyrisk.com/state-bill/MO-HB2586-2026)
- [HB2596: Modifies provisions relating to health benefit plans](https://policyrisk.com/state-bill/MO-HB2596-2026)
- [HB2372: Modifies provisions relating to health care](https://policyrisk.com/state-bill/MO-HB2372-2026)
- [HB1867: Authorizes Joplin to increase a transient guest tax for tourism to no more than…](https://policyrisk.com/state-bill/MO-HB1867-2026)
- [HB1871: Modifies provisions relating to elections](https://policyrisk.com/state-bill/MO-HB1871-2026)
- [HB1840: Establishes an alert system to assist in the location of missing persons with d…](https://policyrisk.com/state-bill/MO-HB1840-2026)
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Source: PRIA, https://policyrisk.com/state-bill/MO-HB2690-2026 (as of 2026-11-04).