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circuit breaker

Press Statement: Legislature Approves $500 Million Tax Giveaway as State Faces Growing Budget Challenges

Statement from Missouri Budget Project CEO Amy Blouin With today’s vote in the Missouri House, the state legislature has forwarded to Governor Kehoe a tax bill that will reduce state revenue by at least half a billion dollars annually. This comes at a time when our state is
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Press Statement: Senate Advances $500 Million Tax Giveway As State Faces Growing Budget Challenges

For Immediate Release: April 2, 2025Contact: Traci Gleason Senate Advances $500 Million Tax Giveway As State Faces Growing Budget ChallengesStatement from Missouri Budget Project CEO Amy Blouin The Missouri Senate gave initial approval today to a tax bill that will reduce state
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Budget, Senior Groups Respond to Audit Report on Missouri Property Tax Credit

Legislature Urged to Update Credit to Serve Missourians For Immediate Release: November 13, 2024 Missouri Auditor Scott Fitzpatrick raised some critical points about ways that the Missouri Property Tax Credit has become less effective for the very Missourians it was designed to
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Property Tax Freeze for Older Adults May Provide Some Future Support, But More Must Be Done

Recent dramatic increases in housing values and property tax assessments in counties across Missouri have resulted in steep property tax increases for many homeowners, threatening housing stability for older adults, many of whom live on fixed incomes and are at risk of being
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Groups Applaud Prefiled Bills to Update Missouri Property Tax Credit, Help Older Adults & Missourians with Disabilities Stay in Their Homes

For Immediate Release: December 1, 2023 Senior advocates from across the state applauded efforts to update Missouri’s Property Tax Credit, or “circuit breaker,” emphasizing how common-sense adjustments to the existing credit will help keep older adults and Missourians with
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Improving Missouri’s Property Tax Credit Would Help Seniors, Missourians with Disabilities Stay in Their Homes

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with
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Improving the Circuit Breaker Property Tax Credit Helps Seniors, Missourians with Disabilities Stay in Their Homes

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with
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Improving the Circuit Breaker Property Tax Credit Helps Seniors, Missourians with Disabilities Stay in Their Homes

Increasing housing values and associated property taxes can price older people out of the homes they have lived in for decades, separating them from their neighbors and communities. Similarly, rising costs can make accessible housing unaffordable for Missourians with
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Targeted Sales & Property Tax Rebate Would Help Households Statewide Make Ends Meet

Updated March 15, 2022 While Missouri’s economic recovery is on the right track, many Missourians are still struggling from the economic fallout of the pandemic. Policymakers can help Missouri families get back on their feet by using a portion of the state’s federal fiscal
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Property Tax Relief for Older Adults in Missouri

Executive Summary Increasing housing values and associated property taxes can have a devastating impact on older adults in Missouri. In many cases, older people may end up being “priced-out” of the home they have lived in for decades and face being separated from their neighbors
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