Most Active Stories
Wed March 21, 2012
House committee votes to eliminate newspaper sales tax exemption
Newspaper publishers in Missouri could have to pay more to buy paper, ink and other supplies under a measure that has been endorsed by a House panel.
In a 7-5 vote Wednesday, the House Tax Reform Committee backed a proposal to eliminate sales tax exemptions on newspaper equipment in order to help fund state aid to the blind.
The full House is currently debating a budget that would eliminate a $30 million program that provides medical care to about 2,800 blind people and instead set aside $6 million for a slimmed-down aid program.
An estimate included with the proposal says it could generate up to $4.2 million of additional money for blind aid.
The measure now goes to the full House.