Nixon vetoes repeal of senior renters tax credit

Governor Jay Nixon has vetoed legislation that would have repealed a tax credit for low-income seniors who rent their homes. The legislation was built into the budget proposal the legislature sent to the Governor last week. House and Senate budget leaders say the...

House sends tax credit proposal to the Senate

The state House has passed legislation its sponsor calls a “starting point” for negotiations with the Senate on tax credits and incentives. House Economic Development Committee chairwoman Anne Zerr (R-St. Charles) tells the House the legislation combines...

House committee to vote on angel investor credits

A House Committee will vote next week on legislation to offer tax credits to people who invest in startup companies. Some of these so-called “angel investors” have taken their message to that committee. One of them, Jake Holloway, acknowledged that banks...