User Login    
 + Register
PDQ Cleaning
News : Taxpayers Could Receive Refund Under Missouri Senate Bill
Posted by Randy on 2014/2/14 4:42:25 (312 reads) News by the same author

JEFFERSON CITY (AP) - Any money not spent by Missouri in a fiscal year would become a tax credit for the state's taxpayers under a measure heard by a Senate panel.
Click to see original Image in a new window

Republican Sen. Kurt Schaefer, of Columbia, told the Senate Ways and Means Committee on Thursday that his bill would give lawmakers an incentive not to overspend on government services.

Opponents argued it would give the governor and the Legislature the incentive to spend more than the state has to avoid a refund.

The measure would need to be approved by voters.

Missouri already has a constitutional provision, known as the Hancock Amendment, which triggers a tax refund after state revenues hit a certain cap. Missouri's actual revenues are well short of that amendment's cap.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/7/23 9:17:41 - North 65 Center in Trenton To Hold Fundraiser
2014/7/23 9:11:50 - Dr. G Discusses "End Of Life"
2014/7/23 7:29:21 - Livingston County Sheriff Reports On Transports To Department Of Corrections
2014/7/23 6:39:12 - Highway Patrol: Prescription Drugs Responsible For Deaths And Emergencies Every Day
2014/7/23 6:33:00 - Spickard Board Of Education Meets
2014/7/23 6:28:38 - St. Joseph Woman Sentenced To 5 Year Prison Term For Fraud
2014/7/23 4:51:03 - Unique Church Service Caters To Deaf Community
2014/7/23 4:46:18 - Schuyler County Sheriff Resigns Amid Legal Trouble
2014/7/23 4:35:36 - Fruit Recall Affects Costco, Trader Joe's, Walmart Stores
2014/7/23 4:29:41 - Police: Man Hits Pregnant Woman With Car Then Takes Aim At Her Mom
2014/7/23 4:25:43 - Missouri Man Gets 37 Years For Purse Snatching
2014/7/23 4:18:41 - White House: Obama To Visit Kansas City Next Week
2014/7/23 4:15:05 - Springfield Sex Offender Indicted For Child Porn
2014/7/23 4:09:44 - North Central Missouri College Board OF Trustees Meet
2014/7/22 10:47:19 - Spickard Man Arrested
2014/7/22 9:43:27 - North Central Missouri Fair At Trenton Topic Of Open Line
2014/7/22 9:35:51 - Dream Factory Plans Sports Memorabilia Auction Fundraiser
2014/7/22 9:20:21 - Trenton R-9 School District Receives Check From "Buzzard Run" Event
2014/7/22 7:34:06 - Cameron Woman Injured In Rollover Accident
2014/7/22 4:50:00 - Trenton Woman Arrested
2014/7/22 4:42:46 - 10 Critically Ill Basset Hound Puppies Rescued From Breeder
2014/7/22 4:37:15 - Four Detained In Craigslist Robbery, Shooting
2014/7/22 4:31:44 - Man Arrested In Chase That Left 5-Year-Old Girl Dead
2014/7/22 4:24:03 - Missouri Man Receives Two Years Probation For Fatally Striking Kitten
2014/7/22 4:18:10 - Street Racers Block I-435 Traffic
2014/7/22 4:14:58 - Mystery Solved After Family Finds Wedding Rings Attached To Balloons
2014/7/22 4:09:00 - Hopkins Pays $190 Million In Settlement; OB/GYN Recorded Patients' Bodies
2014/7/21 9:50:34 - Cyclist Injured In Accident At Cameron
2014/7/21 9:50:00 - Circuit Court At Trenton Has Heavy Case Load
2014/7/21 9:42:07 - Laredo Resident Injured In Collision At Jamesport



Bookmark this article at these sites

                   

Listen to KTTN-FM