Panel Recommends Reforms to Missouri State Tax Credit Programs

By Caitlin Jones
January 17, 2011 1 min read

Tax Credit Advisor, January 2011: A bipartisan panel appointed by Missouri Gov. Jay Nixon has recommended sweeping changes to the state’s tax credit programs, to make them more efficient and cut their cost. Among these programs are the state’s low-income housing, historic preservation, and new markets tax credits.

The Missouri Tax Credit Review Commission, comprised of public and private officials, presented its final report on November 30 to Gov. Nixon and the state legislature. The governor is expected to include at least some of the recommendations in his next proposed budget for the fiscal year that begins July 1, 2011, to try to help close a gap that he has said could exceed $400 million.

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