HB 373 -- Senior Citizens' Homestead Tax Relief Act

Sponsor:  Fares

This bill changes the qualifications for and the amount of credit
allowed under the senior citizen/disabled person property tax
credit, commonly known as circuit breaker.  The program is
renamed the Senior Citizens' Homestead Tax Relief Act.  The bill
also:  (1)  increases from $25,000 to $25,500 the maximum income
allowed to claim the credit; and (2)  increases from $13,000 to
$13,300 the minimum base.  The minimum base is the maximum level
of income at which the taxpayer receives a credit for property
taxes paid up to the maximum of $800.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:19 pm