Post by Logan on Mar 14, 2017 22:11:59 GMT -6
JEFFERSON CITY, Mo. -- Tax breaks for low-income seniors and disabled residents who live in rental housing would go away under legislation a panel of Missouri lawmakers voted to advance Wednesday as the state deals with a budget crunch.
The bill's sponsor, Rep. Scott Fitzpatrick, who leads the House Budget Committee, said eliminating the roughly $55-million-a-year tax break could spare proposed cuts to services for those groups.
The proposal comes as Republican Gov. Eric Greitens, who took office in January, has cut about $146 million to balance this year's budget.
That's on top of about $200 million cut by former Democratic Gov. Jay Nixon before he left office.
Read more: www.semissourian.com/story/2392974.html
The bill's sponsor, Rep. Scott Fitzpatrick, who leads the House Budget Committee, said eliminating the roughly $55-million-a-year tax break could spare proposed cuts to services for those groups.
The proposal comes as Republican Gov. Eric Greitens, who took office in January, has cut about $146 million to balance this year's budget.
That's on top of about $200 million cut by former Democratic Gov. Jay Nixon before he left office.
Read more: www.semissourian.com/story/2392974.html