Missouri Tax Reform Package Targets Housing and Preservation Tax Credits

Republicans in Missouri want to reduce taxes for corporations, so they are reducing tax credits for affordable housing, infrastructure, and historic preservation.

1 minute read

January 30, 2017, 1:00 PM PST

By James Brasuell @CasualBrasuell

Jefferson City, Missouri

The Missouri State Capitol building in Jefferson City, Missouri. | eurobanks / Shutterstock

Marshall Griffin reports on a nascent legislative movement in Missouri that would restructure tax breaks around the city, including two important tax breaks in the realm of development.

According to Griffin, new Missouri Governor Eric Greitins has spent the first month of his administration pushing for tax reform, and the Missouri legislature is backing him up with several proposed bills.

One such bill, Senate Bill 285, would lower the cap for the state's low-income housing tax credit to $90 million by 2020. The state's historic preservation tax credit would be lowered from $140 million to $50 million. Other tax credits that would get trimmed significantly if the bill were approved: Affordable Housing and Neighborhood Assistance tax credits, the Infrastructure Tax Credit, the Neighborhood Preservation Tax Credit, and the Senior Citizens Property Tax Relief Credit. On the issue of that last credit, the bill summary reads: "This act modifies the Senior Citizens Property Tax Relief tax credit program by removing renters from eligibility, making the program applicable only to home owners."

Sunday, January 29, 2017 in St. Louis Public Radio

View of Mount Hood at golden hour with Happy Valley, Oregon homes in foreground.

Clackamas County Votes to Allow ADUs, Residential RVs

County officials hope the zoning changes will help boost the housing supply in the region.

June 18, 2024 - Mountain Times

Single-family homes in a suburban neighborhood in Florida.

New Florida Law Curbs HOA Power

The legislation seeks to cut down on ‘absurd’ citations for low-level violations.

June 16, 2024 - The Guardian

Aerial view of intersection in New York City with yellow cabs and zebra crosswalks.

Planners’ Complicity in Excessive Traffic Deaths

Professor Wes Marshall’s provocatively-titled new book, "Killed by a Traffic Engineer," has stimulated fierce debates. Are his criticisms justified? Let’s examine the degree that traffic engineers contribute to avoidable traffic deaths.

June 13, 2024 - Todd Litman

View of Palos Verdes Drive along Pacific Ocean in Palos Verdes, California at sunset.

Erosion Threatens SoCal Road, Lloyd Wright Icon

The city of Palos Verdes is closing parts of a roadway to cyclists, citing safety concerns as the land underneath moves between 7 and 12 inches per week.

1 hour ago - Daily Breeze

Faded image of vacant storefront in rural area with American flag stars painteind on windows.

COVID Isn’t to Blame for the Retail Vacancy Crisis

A drop in demand for retail space began well before the seismic shifts of the pandemic.

3 hours ago - Slate

Heavy New York City traffic headed toward Holland Tunnel in Manhattan.

Judge Rules in Favor of MTA in Congestion Pricing Suit

Advocates of the program are calling on Gov. Hochul to reinstate the program in light of the decision.

7 hours ago - StreetsBlog NYC

City Planner I

Department of Housing and Community Development

City Planner II

Department of Housing and Community Development

City Planner Supervisor

Department of Housing and Community Development

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.