Governor Seeks Repeal Of Missouri Tax Credit For Low-Income Renters

Governor Jay Nixon | Photo Courtesy of Creative Commons

Gov. Jay Nixon has proposed the repeal of the so-called “circuit breaker” tax credit, which is available to low-income seniors and people with disabilities who rent their homes. The credit was claimed by about 107,000 people last year, costing the state roughly $57 million.

The governor’s budget calls for putting the money saved from the credit’s repeal into a new Senior Services Protection Fund. That would pay for services such as nursing home care and “homemaker chore” and personal care programs, which provide aides to help frail people stay in their homes.

In Nixon’s budget, some of the savings would help cover growing in-home care caseloads, and some would provide 3-percent rate increases for certain Medicaid providers. Overall, about $31.4 million of the savings would go to home- and community based services, $11.9 million would go to nursing homes and about $11.2 million would go to mental health community providers.

Read more from the St. Louis Post-Dispatch

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