Plan to end tax break for Missouri seniors, disabled stalls
JEFFERSON CITY (AP) — Missouri Senate budgeters are moving forward as if a plan to eliminate a tax break for low-income seniors and disabled renters will fail.
Republican Chairman Dan Brown on Thursday said that means the Senate Appropriations Committee needs to cut at least $52 million in proposed spending for next fiscal year.
A House plan would end the tax break in order to spare other services for the elderly and disabled. Brown said raising taxes on low-income seniors and disabled renters would have brought in between $52 million and $56 million in revenue.
But that proposal's met pushback. Senate Democrats spoke overnight Tuesday and into Wednesday morning to block a vote on the bill.
So Brown said he's moving forward as if "that ship's sailed."
The budget crunch comes amid lagging revenues.