Warning that it could jeopardize state funding for local school districts and public colleges and universities, Gov. Jay Nixon on April 16 indicated he will veto legislation the Republican-controlled General Assembly granted final approval to hours earlier that would cut taxes by at least $620 million a year and as much as $800 million a year once fully implemented.
Nixon, a Democrat, vetoed similar legislation last year and lawmakers failed in an override attempt.
“This legislation will get a thorough review over the coming days and weeks,” Nixon said. “But it’s worth noting that on its face, this year’s reckless fiscal experiment looks a lot like last year’s reckless fiscal experiment.”
SB 509 would cut the top individual income tax rate from 6 percent to 5.5 percent and create a 25 percent deduction for business income reported as personal income.
It would also increase the tax deduction for low-income taxpayers and adjust the state’s income tax brackets for inflation.
Nixon has through May 1 to act on the bill.
Because it’s a Senate bill, an override attempt would begin in that chamber.
The Senate originally passed the bill 23-9, with the bare minimum number of “yes” votes needed for the two-thirds supermajority necessary for a veto override.
The House of Representatives passed the bill 104-48, with several members absent.
Republicans hold 108 House seats, leaving them one short of the 109 needed for an override without Democratic support.
I spoke against this massive tax cut.
Everyone who makes over $9,000 would not pay any state income tax.
This would cause such a loss of revenue that state services would be drastically cut and severely harmed.
We simply cannot afford this cut.
The House of Representatives on April 17 approved a proposed constitutional amendment and companion implementing legislation that would establish a nine-day early voting period prior to general elections.
Republican legislative leaders are rushing through the measures in an attempt to circumvent a more expansive early voting proposal that could appear on the Nov. 4 statewide ballot.
The House voted 126-24 to pass the proposed constitutional amendment, HJR 90.
The companion legislation, HB 2271, passed 126-24.
Both measures now advance to the Senate.
If granted final legislative approval, HJR 90 would go on the Nov. 4 statewide ballot for voter ratification.
HB 2271 is not subject to voter approval.
An initiative petition is being circulated that would amend the state constitution to establish a six-week early voting period prior to general elections.
Another key difference between the petition and HJR 90 is the former would allow early voting on Sundays, a popular early voting day for church groups in other states, while the latter would prohibit Sunday early voting.
Since both the petition and HJR 90 would appear on the Nov. 4 ballot, if voters were to ratify both proposed amendments, under the Missouri Constitution the measure that received the highest number of “yes” votes would prevail.
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