User Login    
 + Register
PDQ Cleaning
News : Taxpayers Could Receive Refund Under Missouri Senate Bill
Posted by Randy on 2014/2/14 4:42:25 (384 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
2015/2/27 17:00:00 - Trenton Superintendent Resigns To Take Maryville Job
2015/2/27 13:16:21 - NCMC Lady Pirates To Play For Back-To-Back Region XVI Titles
2015/2/27 13:05:16 - NCMC Pirates Stunned By Penn Valley, End Season At 22-7
2015/2/27 9:41:34 - Indiana May Allow "Baby Boxes" For Surrendering Newborns
2015/2/27 9:30:33 - 8 Shot To Death, Including Gunman In Missouri Rampage
2015/2/27 7:28:59 - Gallatin Board Of Aldermen Meeting Report
2015/2/27 4:21:18 - FCC Adopts Net Neutrality Rules To Ban Internet Discrimination
2015/2/27 4:15:34 - Jurors Find Missouri Man Not Guilty Of Murder
2015/2/27 4:12:29 - Police: Body Found In Kansas City Well Identified
2015/2/27 4:04:00 - CDC Looking Into Dangerous Bacteria In Doctors' Offices
2015/2/27 3:57:34 - Branson EMT, Joplin Couple Among Those Indicted for Child Sexual Exploitation
2015/2/26 10:18:02 - Livingston County Sheriff Reports Recent Activities
2015/2/26 9:15:56 - Laredo Man Faces Multiple Charges In Grundy County
2015/2/26 9:13:10 - North Mercer, Princeton Students Receive Kauffman Scholarship
2015/2/26 9:10:03 - Trenton Ministerial Alliance To Hold Event
2015/2/26 8:49:46 - Associate Division Circuit Court News At Trenton
2015/2/26 6:37:05 - Spickard Man Faces Multiple Charges In Grundy County
2015/2/26 4:09:54 - Right To Farm Opponents Argue Ballot Language In Court
2015/2/26 4:06:29 - Manhunt Continues For Missouri Man Accused Of Domestic Assault
2015/2/26 4:03:29 - Columbia Man In Jail After Making Threatening Phone Calls
2015/2/26 4:00:27 - Prescription Drug Database Bill Endorsed By Missouri House
2015/2/26 3:54:39 - Missouri Traffic Stop Yields 400 Pounds Of Pot-Laced Chocolate Bars
2015/2/26 3:50:12 - Spacewalking Astronaut Safe After Water Leaks Into Helmet
2015/2/26 3:46:06 - St. Joseph Man Sentenced For Attempted Murder Of An Informant
2015/2/25 10:59:05 - Milan Wildcats Pounce To 72-60 District Win Over Marceline
2015/2/25 10:42:54 - Mercer Boys Win District Thriller Over Green City, 54-53
2015/2/25 10:30:00 - No Easy Solution For Highway 65 / 28th Street Intersection At Trenton
2015/2/25 10:27:07 - Trenton Lady Bulldogs Spring District Upset Of Richmond, Play Chillicothe Thursday
2015/2/25 10:19:19 - Trenton Board Of Public Works Meets
2015/2/25 10:16:39 - Milan Wildcat Coaches Shows For Thursday, 2/26/15



Bookmark this article at these sites

                   

Listen to KTTN-FM