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AP Missouri

Missouri House pitches using budget surplus for tax breaks

KMIZ
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Published 3:32 PM

By SUMMER BALLENTINE
Associated Press

COLUMBIA, Mo. (AP) — Missouri residents who file income taxes would be eligible for up to a $500 tax credit under a new Republican proposal. The House Budget Committee held a hearing on the measure Wednesday. The Republican House budget leader’s bill would set aside $1 billion in state funding for the tax credits. Married couples filing jointly would get up to $1,000 under the plan. Democrats had proposed setting aside $100 million to give onetime $1,000 checks to poor families who have struggled with housing or food insecurity. The Republican-led House voted that measure down. 

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