SB 0908 | Individuals sixty-five or older eligible for a tax credit up to $1000 for offsetting costs of medication |
Sponsor: | Kenney | |||
LR Number: | 4111S.02I | Fiscal Note: | 4111-02 | |
Committee: | Ways and Means | |||
Last Action: | 03/07/00 - Hearing Conducted S Ways & Means Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 2000 | |||
SB 908 - This act allows an individual who is sixty-five
years of age or older a maximum credit of $1000 for offsetting
the cost of drugs and medicines on the Medicaid formulary. An
individual is eligible for the entire credit if such individual's
income does not exceed three hundred percent of the federal
poverty level. The act contains a provision instructing the
Missouri Department of Revenue to notify all individuals who may
be eligible to take the tax credit.
DAVID TALLMAN