House Committee Advances Earned Income Tax Credit

MO Capitol

This week, the Missouri House Ways and Means Committee narrowly advanced HB 291, sponsored by Rep. Bill Kidd (R-Buckner), that would establish a state earned income tax credit (EITC) for Missouri's working poor. By a vote of 5-4, the committee voted to "Do Pass" the measure, which would allow qualifying Missouri workers to claim 20 percent of the tax credit allowable under federal law on their state tax return. Missouri is currently facing a significant budget shortfall for FY 2019, however, and HB 291 comes with a price tag of around $41 million, making chances of passage this year slim given the current economic realities facing the General Assembly. The MCC is encouraged, however, that the bill had a hearing and was able to garner enough votes to pass through the initial committee. The bill will need further committee review before heading to the House floor for debate.

March 1, 2019 - 3:02pm

Latest Posts

No MCC Weekly Update Next Week

The Missouri Legislature is on Spring Break next week, which means there will be no MCC Weekly Update on Friday, March 22. The next...Read more

Pro-life Missourians Flock to the Capitol for the 2019 Show-Me Pro-Life Action Day

On Tuesday, hundreds of pro-life Missourians gathered at the State Capitol for the Missouri Right to Life's annual lobby day to advocate for the...Read more

Pro-life Bills Voted Out of Senate Committee

On Wednesday, the day after pro-life lobby day at the Capitol, the Senate Health and Pensions Committee voted multiple Senate pro-life bills out of...Read more
Subscribe to Blog
  • 1 of 40