Senate Amendment

HCB 3 - This act modifies the Senior Citizens Property Tax Relief tax credit program by removing renters from eligibility, making the program applicable only to home owners.

This act also creates the Missouri Senior Services Protection Fund, the fund in which shall be allocated for services for low-income seniors and people with disabilities, as described in the act.

This act is substantially similar to a provision contained in SCS/SBs 285 & 17 (2017).

JOSHUA NORBERG

SA 3 - THIS AMENDMENT REINSTATES THE RENTERS' PORTION OF THE SENIOR CITIZENS PROPERTY TAX RELIEF TAX CREDIT PROGRAM AND CREATES A ONE-TIME TRANSFER OF $35.4 MILLION FROM GENERAL REVENUE INTO THE MISSOURI SENIOR SERVICES PROTECTION FUND. THE COMMISSIONER OF ADMINISTRATION SHALL TRANSFER $35.4 MILLION BACK IN TO GENERAL REVENUE USING A FUND SWEEP.

SA 1 TO SA 3 - THIS AMENDMENT EXEMPTS FUNDS CREATED UNDER CHAPTERS 324 TO 346 FROM THE FUND SWEEP (PROFESSIONAL REGISTRATION FUNDS).

SA 2 TO SA 3 - THIS AMENDMENT EXEMPTS HOSPITAL AND NURSING HOME FEDERAL REIMBURSEMENT ALLOWANCE (FRA) FUNDS FROM THE FUND SWEEP.

SA 3 TO SA 3 - THIS AMENDMENT EXEMPTS PHARMACY AND AMBULANCE FRA FUNDS FROM THE FUND SWEEP.


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