Tagged: tax credits

It appears so far that the Missouri Senate may no longer be the place where tax credits go to die.

In years past, proposed incentives for such things as historic preservation or amateur sporting events would have faced a filibuster threat from a group of fiscally conservative Republicans in the Senate.  But the leaders of that group are gone due to term limits, and perhaps that’s why this year’s amateur sports incentives bill was allowed to receive a Senate floor vote.  State Senator Will Kraus (R, Lee’s Summit) says the atmosphere has changed.

Legislation that would revive three benevolent tax credits in Missouri is being considered by a State House committee.

Tax breaks for food pantries, pregnancy resource centers and the Children in Crisis program all expired last year when lawmakers failed to pass any type of tax credit reform package.  Scott Baker, State Director of the Missouri Food Bank Association, testified today in favor of renewing the incentives.  He says according to the USDA, Missouri has the nation’s 7th highest food insecurity rate.