[Missouri-l] Fw: [Modisabilaw] SB 71 - Tax Provisions

[Chip Hailey]

----- Original Message ----- 
From: Marty Exline 
To: MO Disability Policy/Law Listserv 
Sent: Friday, May 01, 2009 6:56 PM
Subject: [Modisabilaw] SB 71 - Tax Provisions


An update to the posting on SB71 - while the bill includes the home access modification tax credit, it also includes a House amendment to permanently lower the individual income tax rate with an estimated loss of revenue to the state of over $463 in FY2010. The bill is likely to have trouble in the Senate.

The appropriation bills are still in budget conference committee to work out differences between the House and Senate versions. The committee will meet throughout next week starting on Monday. In addition to the "regular" budget bills, HB21 appropriates federal stimulus funds to the various departments. HB21 passed the House and will have a hearing Monday in the Senate Appropriations Committee.




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