Governor Jay Nixon has launched a major public effort to support his veto last week of a bill that would have cut Missouri's individual and corporate income taxes.
The Democratic Governor appeared before college and university officials Tuesday morning in Jefferson City, telling them that the GOP-backed proposal is the single greatest threat to public education he's seen in his career.
Missouri Governor Jay Nixon, a Democrat, has vetoed legislation that would eliminate a tax credit for elderly Missourians who rent their homes.
House and Senate Republicans voted to do away with the so-called "Senior Citizens Circuit Breaker" as a means of shoring up funding for the First Steps program, which aids children with developmental disabilities.
In his veto letter, Nixon voiced disapproval of using money designated for seniors for other purposes, and stated that the bill contained no tax credit reforms.
A bill that would exempt private health clubs and gyms from property taxes Kansas has stalled in a committee. The measure has prompted hundreds of emails to lawmakers about the issue.
The conference committee working on tax issues decided not to take up the health club measure. Supporters of the bill, including health club owners, say they face competition from tax-free organizations like the YMCA and publicly owned health clubs.
The Missouri Senate has passed a wide-ranging tax credit bill that drastically lowers the caps on Historic Preservation and Low Income Housing programs. It would cap Historic Preservation incentives at $50 million a year, instead of the current $140 million, and Low Income Housing incentives would be capped at $55 million a year, instead of the current $190 million.
The bill is now in the hands of the Missouri House, where Speaker Tim Jones has indicated that he and other House leaders don’t like the drastic cuts.
The Missouri Senate spent several hours Tuesday night working on a wide-ranging tax credit bill, which they gave first-round approval to around 3:20 Wednesday morning. The Senate bill would drastically cut incentives for Historic Preservation and low income housing.
Historic Preservation tax credits would be capped at $45 million a year, instead of the current $140 million, and low income Housing incentives would be capped at $50 million a year.
The bill is sponsored by Republican Senator Eric Schmitt of St. Louis County.
The Missouri House has passed legislation that would revive three benevolent tax credit programs that expired last year, but there were a couple of dissenters who had a problem with incentives going to crisis pregnancy centers.
Democrats Judy Morgan of Kansas City and Stacey Newman of St. Louis County cast the only “no” votes. Newman said the pregnancy centers in question are operated by anti-abortion groups that are spreading false information about the issue.