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HB 1670
  • Introduced
    Dec 01, 2023
  • Passed House
  • Passed Senate
  • Signed into Law
HB 1670
Missouri House Bill
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Modifies the "circuit breaker" tax credit by increasing the maximum upper limit and property tax credit amounts
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House • Jan 11, 2024: Referred: Special Committee on Property Tax Reform(H)
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Official Summary/Bill Text

Comments on HB 1670

Sue Gibson wrote 1 week ago
The Missouri Property Tax Credit was meant to help low-income older adults & Missourians with disabilities remain living independently in their homes by offsetting a portion of the cost of property tax. Unfortunately, neither income eligibility guidelines nor the size of the credit have been modified since 2008, so fewer people qualify for it, and the value of the credit itself has eroded over time. Missouri lawmakers could strengthen the credit by expanding income eligibility, increasing the credit amount, and indexing the value of the credit and eligibility to keep pace with inflation.

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Actions
  • Jan 11, 2024 | House
    • Referred: Special Committee on Property Tax Reform(H)
  • Jan 04, 2024 | House
    • Read Second Time (H)
  • Jan 03, 2024 | House
    • Read First Time (H)
  • Dec 01, 2023 | House
    • Prefiled (H)
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