Low income senior citizens could be getting a tax break if a bill that passed in the House makes it through the Senate.
The bill puts a cap on senior citizen's property and home assessments. So, they would only have to pay up to 5% of the increase if it should happen. Sponsor of the bill, Representative Jim Lembke from St. Louis County, says he believes these senior citizens deserve a break after supporting their area schools for such a long time. He also says he hopes the benefits of this bill will entice senior citizens to stick around Missouri and not move away.
In opposition, Representative Vicki Riback-Wilson says it is completely irresponsible to give a tax break to a group solely based on their age.
The House adopted an emergency clause in conjunction with this bill. This means, if the bill passes in the Senate and is signed by the governor, it will be put into effect immediately.
In Jefferson City, Megan Murphy, KMOX News
The House passed a bill onto the Senate that caps elderly home and property assessment increases at 5%. In opposition to the bill, Representative Vicki Riback-Wilson from Boone County says it is irresponsible to give a tax break to a group solely on the basis of age. Wilson also says that giving tax breaks when so much of the state's budget is being cut makes no sense.
Sponsor of the bill, Representative Jim Lembke, says the purpose of the bill is to give relief to those seniors who need it, and to keep Missouri attractive to those coming in.
In Jefferson City, Megan Murphy, KMOX News