Legislature Set to Start Debate – Representative Makes Case for Ag Tax Extension
(MISSOURINET) – The Missouri Legislature gets to work this (Thursday) morning at 10 A.M. in a special session called by the governor– to address state tax cuts.
They met briefly in chambers Wednesday — and this week and next are supposed to agree on a plan to cut the state personal income tax rate and extend a rural agriculture tax break.
But there are competing plans in the Senate – and right now, the House is only addressing the rural issues, sponsored by Sedalia Republican Brad Pollitt.
He is the one who championed the ag tax legislation in the regular session.
He says the state cannot relive what happened in the ’60’s and 70’s
Pollitt says these tax breaks are for family farms:
Governor Mike Parson has asked for a six year extension on the family farm incentives.
Senators disagree on how the tax rates should be cut — and for how long. Some Republicans want the cuts to be based on the health of state revenues.