SB 350 Eliminates the renter's portion of the Senior Citizens Property Tax Credit and creates the Missouri Senior Services Protection Fund
Sponsor: Dempsey
LR Number: 1745S.01T Fiscal Note available
Committee: Appropriations
Last Action: 5/17/2013 - No motion made to override Governor's veto Journal Page: S17
Governor's Veto Letter
Title: Calendar Position: 2
Effective Date: August 28, 2013
House Handler: Diehl, Jr.

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Current Bill Summary

SB 350 - This acts prohibits the issuance of the renter's portion of the senior citizens property tax credit. The Department of Revenue is required to calculate how much of the renter's portion of the tax credit was redeemed in fiscal year 2012. Beginning fiscal year 2014, such amount will be deposited in to the newly created Missouri Senior Services Protection Fund. Moneys in the fund shall be used for services for low-income seniors and disabled persons.