HB 1354 -- Senior Citizens' Homestead Tax Relief Act

Sponsor:  Sutherland

This bill changes the qualifications for and the amount of credit
allowed under the senior citizen/disabled person property tax
credit, commonly known as circuit breaker.  The program is
renamed the Senior Citizens' Homestead Tax Relief Act.  The bill
also: (1) increases from $25,000 to $25,500 the maximum income
allowed to claim the credit and indexes the new amount by the
increase in the Consumer Price Index in increments of $50; and
(2) increases from $13,000 to $13,300 the minimum base and
indexes the new amount by the increase in the Consumer Price
Index in increments of $50.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:43 am