Summary of the Introduced Bill

HB 2570 -- Tax Expenditure Budgets

Sponsor:  Robb

Currently, no new tax credits, except the senior citizens
property tax credit in Chapter 135, RSMo, can be issued or
certified for any tax year beginning after July 1 of the
following year unless approved by a majority of the Senate
Appropriations Committee and the Budget Committee of the House of
Representatives.  This bill removes the new tax credit
requirement and specifies that no tax credits will be issued or
certified unless the estimated amount of the credits has been
reviewed and approved by the committees.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:12 pm