Special Session on Tax Cuts Underway, Senators Propose Other Plans

mo capitol

On Wednesday, a special session called by the governor got underway. On the first day, senators filed a wide range of proposals, including 10 additional plans to cut the state’s income tax. Governor Mike Parson’s proposed legislation would cut the state’s income tax from 5.3% to 4.8%. The plan would cost $700 million. He also wants lawmakers to extend agricultural tax credits. Among the 22 bills filed Wednesday, Republican Rep. Ron Hicks resubmitted his bill that would legalize recreational marijuana in the state, before voters get their say on Amendment 3. Governor Parson has already said he will not expand the special session, making it unlikely for him to sign any of the newly proposed bills.

September 16, 2022 - 9:29am

Latest Posts

Less than One Week until Missouri’s Second Execution of 2023

On February 7, the state of Missouri is set to execute Leonard “Raheem” Taylor for the 2004 murders of Angela Rowe, Alexus...Read more

Testimony Heard on Benefits Cliff Bill

On Wednesday, the Senate Health and Welfare Committee heard public testimony on a benefits cliff bill for recipients of SNAP, TANF, and...Read more

School Choice Bill Voted Out of Committee

The Senate Education and Workforce Development Committee on Wednesday gave initial approval to a school choice bill meant to fund students. SB...Read more

Subscribe to Blog
  •  
  • 1 of 382