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UPDATE: Missouri lawmakers considering two tax amnesty proposals

Thursday, January 27, 2011 | 12:12 p.m. CST

JEFFERSON CITY — Missouri lawmakers are considering two different options for enticing people to pay overdue taxes.

Rep. Tom Flanigan, R-Carthage, presented a tax amnesty proposal Thursday to a House committee that would waive all interest and penalties for delinquent taxpayers who pay up between Aug. 1 and Oct. 31.

A version backed by Gov. Jay Nixon would waive all penalties but only half the interest, and it would only apply to delinquent taxpayers from whom the Department of Revenue was not already trying to collect money. The governor's plan is sponsored by Rep. Chris Kelly.

Nixon's plan is projected to bring in $31 million. Flanigan believes his plan would bring in more money, though a projection is currently unavailable.

 


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