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MO Senate passes updated property tax break for seniors
The Missouri Senate has passed an updated plan that would freeze the property tax increases of senior citizens.
Current state law allows Missouri counties to stop property tax increases for homeowner taxpayers who are eligible for Social Security benefits.
The Missouri Senate has approved Parkville Senator Tony Luetkemeyer’s plan that would clarify that eligible homeowners must be 62 or older to qualify.
The reason for the proposed change is because questions have been raised about whether certain seniors are excluded, including Missouri teachers who participate in a state pension plan instead of Social Security.
The next stop for the bill is the House for another look.