Joint Committee on Tax Policy calls for tax credit accountability

Wednesday, January 27, 2010 | 7:43 p.m. CST; updated 7:59 p.m. CST, Wednesday, January 27, 2010

JEFFERSON CITY— Missouri picks up the tab on property taxes and other expenses for many insurance companies across the state, thanks to a 60-year-old tax credit that  allows them to deduct these taxes from the 2 percent insurance premium tax they pay the state each year.