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Charities oppose Nixon's proposed tax credit caps

Monday, May 10, 2010 | 2:58 p.m. CDT

JEFFERSON CITY — Charities that benefit from state tax credits are uniting against Gov. Jay Nixon's plan to curtail tax incentives.

Representatives of crisis pregnancy centers, children's agencies, domestic violence shelters and Catholic charities teamed up Monday to tout the benefits of tax breaks for benevolent organizations. They said tax credits for donors can double the money that charities bring in.

Nixon says tax credits are taking money from Missouri's budget that otherwise could go to education. He wants lawmakers to reorganize Missouri's tax credit programs and cap the total amount of credits that can be authorized annually.

The legislative session ends Friday.

 


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