Missouri Senate Panel Taking Up Tax-Cut Legislation

JEFFERSON CITY, Mo. (AP) – Missouri senators are taking their first look at the latest round of Republican tax-cut proposals.

A Senate committee scheduled a public hearing Thursday on three different tax-cutting bills.

One would cut taxes only for business income. Another would reduce Missouri’s individual income tax rate. A third bill would phase in tax cuts for both businesses and individuals.

Republican legislative leaders have made an income tax cut a priority for the 2014 session. This year marks their second attempt at a tax cut. Last year, majority party Republicans failed to override a veto of a tax-cut bill by Democratic Gov. Jay Nixon.

© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.


More From CBS St. Louis

KMOX Podcasts
As Heard On KMOX

Listen Live