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Senator Weber proposes refundable EITC and temporary 1% surtax on millionaires to fund disaster relief
3650315 · June 2, 2025
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Summary
Senator Weber said he filed measures to make the earned income tax credit refundable and to impose a temporary 1% surtax on income over $1 million to raise funds for disaster relief, with most proceeds directed to St. Louis recovery.
Senator Weber told the Senate he filed measures that would change tax policy and fund disaster relief.
Weber said one bill would make the earned income tax credit refundable so that broad-based tax relief would benefit low-income Missourians. “This makes the earned in earned income tax credit refundable,” he told colleagues after the…
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