Tuesday, 12 March 2013 11:26
MO Senate panel votes to end renter tax break
JEFFERSON CITY, Mo. (AP) - A Missouri Senate committee has endorsed legislation to end an income tax break for low-income seniors and disabled residents who rent their homes, despite pleas from the poor not to do so.
Several disabled renters testified Tuesday that the tax break of up to $750 annually allows them to pay medical bills, utilities and clothing. They pleaded with the Senate Appropriations Committee to keep the tax break.
But the committee voted to advance a bill that would do away with the tax credit and redirect the $57 million of savings to programs that serve seniors and the disabled. The plan is backed by Gov. Jay Nixon.
A commission Nixon appointed recommended ending the tax break for renters while continuing it for homeowners. The credit is intended offset property taxes.
Several disabled renters testified Tuesday that the tax break of up to $750 annually allows them to pay medical bills, utilities and clothing. They pleaded with the Senate Appropriations Committee to keep the tax break.
But the committee voted to advance a bill that would do away with the tax credit and redirect the $57 million of savings to programs that serve seniors and the disabled. The plan is backed by Gov. Jay Nixon.
A commission Nixon appointed recommended ending the tax break for renters while continuing it for homeowners. The credit is intended offset property taxes.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
Lyons looks sharp in MLB-debut
SAN DIEGO (AP) — Tyler Lyons pitched seven solid innings in his major league debut on the same day St. Louis lost Jaime Garcia for the season, and the Cardinals beat the San Diego ...
James layup lifts Heat in Game 1
MIAMI (AP) — It was an MVP performance by the NBA's top player. LeBron James hit a layup as time expired in overtime to lift the Miami Heat past the Indiana Pacers 103-102 in Game...
GOLF ADOPTS RULE TO BAN ANCHORED PUTTING STROKE
Golf's governing bodies approved a rule Tuesday that outlaws the putting stroke used by four of the last six major champions, a move opposed by two major golf organizations that co...
MILLER TAKES LOSS AS PADRES BEAT CARDINALS 4-2
SAN DIEGO (AP) -- With the St. Louis Cardinals leading the San Diego Padres 2-1 in the sixth inning, manager Mike Matheny had seen enough of Shelby Miller. The rookie right-hand...
RED WINGS BEAT BLACKHAWKS TO TAKE 2-1 SERIES LEAD
DETROIT (AP) -- The Chicago Blackhawks were controlling the puck and dominating play early in the second period. It took all of a half-minute for the Detroit Red Wings to swing the...
WIGGINTON DASH BOOSTS CARDINALS PAST METS 6-3
ST. LOUIS (AP) -- Lance Lynn overcame early control woes and St. Louis used a three-run seventh inning to beat the New York Mets 6-3 on Monday night. Lynn (6-1) allowed three ru...
NO GEM FOR GARCIA AS ROCKIES BEAT CARDINALS 8-2
ST. LOUIS (AP) -- Jaime Garcia got rocked again by Colorado and fell well short of giving the St. Louis Cardinals three straight pitching gems. "I made a couple mistakes and pai...
KTRS Sports: Sources say there are problems in Blues' l…
After Wednesday night's 3-2 overtime loss to the Kings, KTRS Sports Director John Hadley reports that the Blues are having issues behind the scenes. Obviously, there are issues fo...
