Summary of the Introduced Bill

HB 649 -- Income Tax Credit for the Elderly and Disabled for
Property Taxes Paid

Sponsor:  Fares

This bill authorizes, beginning January 1, 2006, a 50% tax credit
to the elderly and disabled who have lived in their home for at
least 10 years and who have spent at least 10% of their household
income on real property taxes.

The provisions of the bill will expire six years from the
effective date.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:20 pm