Nixon moderates stance on ending renters tax break
Gov. Jay Nixon is moderating his support for legislation to end a tax break for low-income disabled and senior residents who live in rental housing.
Fri, 12 Apr 2013 08:00:00 GMT — Gov. Jay Nixon is moderating his support for legislation to end a tax break for low-income disabled and senior residents who live in rental housing. Nixon released a statement Thursday urging lawmakers to pass a "comprehensive package of tax credit reforms." Nixon said he would not support a "partial reform that eliminates a single program, such as the renters' portion of the Property Tax Credit." Legislators so far have handled the renters' tax credit repeal separately from the broader tax credit overhaul. The renters' credit repeal has passed the Senate and been endorsed by a House committee. Nixon's proposed budget assumes lawmakers will end the renters' tax credit and redistribute the savings to be spent on existing health, mental health and social services that may benefit seniors and the disabled.
This stations Social Feeds are currently unavailable
This stations Twitter Social Feed is currently unavailable
This stations Facebook Social Feed is currently unavailable
KRCG offers coverage of news, sports, weather and local events in the Columbia and Jefferson City, Missouri area, including the communities of New Bloomfield, Shaw, Boonville, Ashland, Hallsville, Sturgeon, Centralia, Mexico, Auxvasse, Fulton, California, Tipton, Eldon, Wardsville, Westphalia and Sedalia, Missouri.