HB 1938 -- Income Tax: Circuit Breaker
Co-Sponsors: Gaw, Scheve, Davis (122), Abel, Boucher, Foley,
This bill expands the income qualifications for eligibility for
the senior citizens/disabled persons property tax credit,
commonly known as circuit breaker. Taxpayers will be allowed to
deduct from eligible income 100% of any social security
benefits, railroad retirement benefits, and public school
retirement benefits received during the tax year.
The bill will apply to tax year 2000 and thereafter.
Missouri House of Representatives' Home Page
Last Updated October 5, 2000 at 11:35 am