SB 350 would repeal the renter’s portion of the senior citizens property tax credit. Currently, this tax credit is available to renters who are elderly (65 or older) or disabled and who have household incomes of $27,500 or less if single, or $29,500 or less if married.
Over 104,000 Missourians from every corner of the state currently receive this credit, which averages $534 annually. SB 350 has passed the Missouri Senate and now awaits action in the House. The MCC is urging State Representatives to vote “NO” on SB 350.
Click here to read the MCC alert and then contact your State Representative.