House OKs Tax Break for Retired Military

1 decade 3 years 4 months ago Tuesday, February 27 2007 Feb 27, 2007 Tuesday, February 27, 2007 1:50:31 PM CST February 27, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
JEFFERSON CITY (AP) - Retired military members would get a break on taxes under legislation endorsed by the House. The measure provides an income tax credit on taxes otherwise due on military retiree benefits. It's expected to cost about $26 million in the first year. Supporters say about 20 other states offer a similar break, including neighboring Illinois and Kansas. Missouri has about 32,000 people who have retired from the military. The House amended the bill to allow refunds for poor families when the credit exceeds the taxes they would owe. The measure needs another vote to move to the Senate.

More News

Grid
List
COLUMBIA (Missourian) - Registered voters in Missouri will be able to vote absentee, by mail or in person with... More >>
4 minutes ago Wednesday, July 08 2020 Jul 8, 2020 Wednesday, July 08, 2020 9:36:24 AM CDT July 08, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You... More >>
25 minutes ago Wednesday, July 08 2020 Jul 8, 2020 Wednesday, July 08, 2020 9:16:00 AM CDT July 08, 2020 in News
HOWARD COUNTY - An endangered person advisory was issued in Howard County early Wednesday to help find Ashya Jane Hampton,... More >>
4 hours ago Wednesday, July 08 2020 Jul 8, 2020 Wednesday, July 08, 2020 5:06:00 AM CDT July 08, 2020 in News
COOPER COUNTY - A man from Gravois Mills was killed Tuesday afternoon in a crash on Route B, north of... More >>
11 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 10:37:00 PM CDT July 07, 2020 in News
COLUMBIA - At the entrance to the playground at Cosmo Park in Columbia, you'll find a brightly colored message waiting... More >>
12 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:28:00 PM CDT July 07, 2020 in News
COLUMBIA – Columbia Public School District gave parents and students the option of attending in-person classes, or attending online classes... More >>
12 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:27:00 PM CDT July 07, 2020 in News
CORINTH, Miss. (AP) — A Missouri man suspected in a Tennessee kidnapping was found during a traffic stop in Mississippi.... More >>
12 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:01:42 PM CDT July 07, 2020 in News
COLUMBIA - It's official —masks will be required in Columbia starting Friday. KOMU spoke to several different Columbia businesses... More >>
14 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 6:42:00 PM CDT July 07, 2020 in News
COLUMBIA — The CPS Board of Education is holding four virtual meetings on Wednesday to review elementary attendance areas. ... More >>
16 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 5:23:00 PM CDT July 07, 2020 in News
COLUMBIA – Monday marked the deadline for parents to fill out a Columbia Public Schools survey asking whether families prefer... More >>
16 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 5:21:00 PM CDT July 07, 2020 in Continuous News
MISSOURI — As COVID-19 continues to spread throughout Missouri, state and local officials confirm new case counts daily. ... More >>
16 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 5:00:00 PM CDT July 07, 2020 in News
KANSAS CITY —A Jefferson City businessman pleaded guilty to tax evasion in federal court Tuesday. According to a Missouri... More >>
17 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 4:28:00 PM CDT July 07, 2020 in News
JEFFERSON CITY — Missouri's National Guard held a free COVID-19 testing event in Cole County on Tuesday. Tuesday was... More >>
18 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:44:00 PM CDT July 07, 2020 in News
COLUMBIA — Missouri — and Boone County — have loosened restrictions on businesses about COVID-19 in recent weeks. But some... More >>
19 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:07:00 PM CDT July 07, 2020 in News
COLUMBIA - City officials announced Tuesday they will suspend curbside recycling pickup indefinitely, effective July 8. A press release... More >>
19 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:04:48 PM CDT July 07, 2020 in News
COLUMBIA — After the Columbia City Council voted to approve a mandatory face mask order Monday night, the City of... More >>
19 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 1:49:00 PM CDT July 07, 2020 in News
COLUMBIA — After COVID-19 caused Rainbow House to cancel its biggest fundraiser of the year, a mid-Missouri couple took it... More >>
22 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 11:31:37 AM CDT July 07, 2020 in News
Editor's note: Vivek H. Murthy served as the 19th Surgeon General of the United States and is the author of... More >>
22 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 11:23:26 AM CDT July 07, 2020 in A Brighter Tomorrow
Columbia, MO
Broken Clouds 82°
10am 84°
11am 87°
12pm 89°
1pm 91°