Nixon vetoes repeal of renters tax credit
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Nixon vetoes repeal of renters tax credit

Date: May 14, 2013
By: Nick Thompson
State Capitol Bureau
Links: SB 350

Intro: 
Governor Jay Nixon has vetoed lawmakers' plan to repeal a tax credit used by elderly and disabled Missourians who rent their homes.
RunTime:  0:48
OutCue:  SOC

Wrap: Governor Jay Nixon has vetoed a plan to end a tax credit program known as the "circuit-breaker" which 105,000 disabled and elderly Missourians used last year.

The tax credit is worth up to 750 dollars a year for qualifying renters, but in their budget proposal lawmakers used savings from repealing the credit to fund first steps, a program for children with developmental disabilities.

Republican Senate Appropriations chairman Kurt Schaefer says it will be up to Nixon now to find the funding.

Actuality:  SCHVET1.WAV
Run Time:  00:08
Description: "I think it's unfortunate, he asked for it, we funded those programs, and you know you'll have to ask him how he is going to fund them now that he vetoed the bill."

Nixon says he vetoed the bill because lawmakers have not acted to make other changes to Missouri's sixty-one tax credit programs.

Reporting from the state capitol, I'm Nick Thompson.

Intro: 
Governor Jay Nixon has vetoed a plan to repeal a tax credit worth up to 750 dollars a year for low income elderly and disabled renters.
RunTime:  0:50
OutCue:  SOC

Wrap: Nixon has vetoed lawmakers' plan to end the tax credit, but it's a change of heart considering Nixon proposed ending the credit in the first place.

Republican Senate Appropriations Chairman Kurt Schaefer says the legislature took his original proposal into account when crafting they crafted their budget proposal.

Actuality:  SCHVET3.WAV
Run Time:  00:12
Description: "We simply had to maneuver around the fact that he had 54 million dollars on his budget proposal in passing of legislation, he's the one that wanted it, and so we just simply accounted for it like anything else."

Lawmakers used some savings from ending the credit to fund first steps, a program for children with developmental disabilities,

That funding is now in jeopardy because of Nixon's veto.

Nixon said he urges the legislature to find a new funding source before the legislative session ends on Friday.

Reporting from the state capitol, I'm Nick Thompson.

Intro: 
Missouri lawmakers may have to find a new source of funding for a program for children with developmental disabilities as a result of budget battles in Jefferson City.
RunTime:  0:51
OutCue:  SOC

Wrap: Democratic governor Jay Nixon has vetoed a plan to end a tax credit program worth up to 750 dollars a year for low-income elderly and disabled renters.

Nixon proposed ending the program in the first place as part of his budget proposal, and the legislature used some of the nearly 55 million dollars worth of savings to fund first steps, a program for developmentally disabled children.

Republican Senate Appropriations Chairman says Nixon left the legislature with a dilemma when he changed his mind.

Actuality:  SCHVET1.WAV
Run Time:  00:08
Description: "I think its unfortunate, we asked for it, we funded those programs and you'd have to ask him how he's going to fund them now that he chose to veto the bill."

Nixon says he vetoed the bill because lawmakers have not made significant changes to Missouri's 61 tax credit programs and he says the legislature needs to find a way to fund first steps.

Reporting from the state capitol, I'm Nick Thompson.


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