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
• Committee: Appropriations
• Last Action: 5/17/2013 - No motion made to override Governor's veto ; Governor's Veto Letter
• Journal Page: S17
• Calendar Position: 2
• Effective Date: August 28, 2013
• House Handler: Diehl, Jr.

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.

MIKE HAMMANN