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Study Commission on State Tax Policy Meetings

The Missouri Study Commission on State Tax Policy will be holding several public hearings over the next five months, including one Wednesday in Springfield. The Commission is undertaking a comprehensive review of Missouri’s tax structure and identifying potential improvements.
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MO May See Additional Budget Shortfalls in FYs 2017 & 2018

A stunning state revenue collapse in the final days of the last fiscal year (FY2016, which ended on June 30th) may continue to hamper Missouri’s ability to meet the educational, health, and other needs of Missourians. Decreased revenue in the month of June prompted the Governor
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New State Budget Makes Modest But Critical Improvements, Misses Big Opportunities

Missouri’s annual operating budget is more than a set of numbers. In its funding for education, health care, and other services that serve as a foundation for Missouri families and our economy to thrive, the budget reflects the priorities of our state. Although lawmakers
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Momentum

With your help, we’ve made big strides this year on two of our top legislative priorities to help Missourians makes ends meet and build a stronger Missouri.     Alleviating Poverty & Providing a Pathway to the Middle Class: The Earned Income Tax Credit (EITC) A state
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Late April Revenue Slowdown May Be Cause for Concern

As of April 27th, General Revenue (GR) collections, (net of refunds) for the month of April had declined by about $219 million or by 18.3 percent, compared to April 27th of last year. This results in a net GR growth rate of 0.4 percent for FY 2016 overall. This growth rate is
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Progress

Check out MBP’s newsletter to see what we’re working on. Download a PDF Copy
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MO House Vote Creates Momentum for State EITC

For Immediate Release MO House Vote Creates Momentum for State EITC Statement from Amy Blouin, Executive Director  We hope that today’s vote by the Missouri House to create a state Earned Income Tax Credit (EITC) provides the momentum needed for the full legislature to act so
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Differences between House & Senate Versions of FY 2017 Budget

As compared to the FY 2016 budget or House budget, some notable FY 17 budget changes recommended by the Senate include:   HB2002 $70,368,735 increase to the funding formula $21, 180,466 increase for Early Childhood Special Education $1 million increase of Missouri Preschool
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Senate Approps Update: Changes to HB 2002 (DESE)

While the Senate Appropriations Committee has not yet passed the bill, it has so far made the following changes to HB 2002:   Foundation Formula The Senate agreed with the $71,055,569 increase to the formula recommended by the House however, the Senate did call for a fund
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Senate Approps Update: Changes to HB 2003 (Higher Ed)

While the Senate Appropriations Committee has not yet passed the bill, it has so far made the following changes to HB 2003:   The Senate cut $500,000 added by the House to fund the establishment of a state-wide student web portal.   The House had added $450,000 for the
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