A property tax break for senior citizens has been approved by the Legislature. It now awaits action by the Governor. The Homestead Preservation Act would cap property tax increases at five percent for homeowners 65 years of age or older. Couples could earn up to $74,000 to qualify. Those who choose the tax credit offered to offset property tax increase above five percent would not be eligible for another propery tax break program for the elderly, called the Circuit Breaker. Supporters point out that the Circuit Breaker program is designed for low-income elderly Missourians, whereas the Homestead Act applies to many more senior citizens.
SEARCH THIS SITE
NEVER MISS A POST!
FOLLOW US ON TWITTER
Missouri Department of Revenue working to shorten lines at license offices
Missouri Department of Revenue working to shorten lines at license offices - Missourinet
Efforts are underway to shorten the wait times at privately-run license offices in Missouri, which contract with the...
www.missourinet.com
Missouri Department of Revenue working to shorten lines at license offices
https://www.missourinet.com/2023/09/07/missouri-department-of-revenue-working-to-shorten-lines-at-license-offices/
Missouri PSC argues optional Time-Of-Use rate plan saves money
https://www.missourinet.com/2023/09/07/missouri-psc-argues-optional-time-of-use-rate-plan-saves-money/
Drought conditions have worsened over the last week, with the percentage of the state that is Abnormally Dry increasing from 72% to 78% and the percentage in Extreme Drought moving from 5% to almost 9%. Avoid activities that could spark a fire based on local conditions.