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Missouri House budget committee OKs tax break

Missouri residents who file income taxes would be eligible for a tax break under a new...
Missouri residents who file income taxes would be eligible for a tax break under a new Republican proposal.(Pexels)
Published: Apr. 20, 2022 at 4:53 AM CDT
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JEFFERSON CITY, Mo. (AP) - Missouri residents who file income taxes would be eligible for a tax break under a new Republican proposal.

The House Budget Committee approved the measure Tuesday.

The bill now heads to the House floor for consideration.

The proposal budgets $1 billion for tax breaks equal to what taxpayers owe the state in income taxes.

The tax breaks are capped at $500 for individuals or up to $1,000 for married couples filing jointly.

Democrats proposed setting aside $100 million to give onetime $1,000 checks to poor families who have struggled with housing or food insecurity.

That proposal has been defeated.

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