hb 253

Politics
1:35 pm
Tue July 30, 2013

Attempt At Override Of Income Tax Veto Unlikely, Speaker Says

via Kristi Luther and Tim Bommel, Mo. House Communications.

Originally published on Thu August 1, 2013 7:01 am

The income tax bill that would eventually reduce income tax rates by about a half of a percent is likely to not be brought up in veto session next month, according to Missouri House Speaker Tim Jones (R-Eureka).

Appearing on St. Louis Public Radio's and the St. Louis Beacon's Politically Speaking podcast, Jones said he currently doesn't have the votes necessary for an override of the governor's veto.

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CoMo Explained
7:20 pm
Wed June 26, 2013

Why are Mo. politicians so riled up about the tax cut bill?

H.B. 253 does not contain any actual threats to Abraham Lincoln's face. But to tax rates, yeah, definitely.

This week Como Explained dives into the tax cut bill the Governor vetoed. It's not dead yet.

Como Explained: Episode 11

We’ve talked about the Republican veto-proof majority on this show before. Well, that’s one of the main causes behind a situation playing out in Jefferson City (and across the state) right now.

Republicans pushed a bill through the legislature this year that would reduce the personal income tax rate by half a percentage point and the corporate rate by three points.  Both would be phased in over the next 10 years. Many Republicans touted the bill as one of their key accomplishments in the 2013 session, and if it becomes law, it will likely be the most noticeable change in the state that comes out of this past session.

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