Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Policy topic
No spam. Unsubscribe anytime.
Missouri House approves tax‑related committee substitute after floor debate over revenue impact
Summary
The Missouri House passed a House Committee substitute for House Bills 594 and 508 after floor debate that centered on the measure’s potential revenue effect; supporters cited state growth in no‑capital‑gains states, opponents warned of cuts to other programs.
The Missouri House on Feb. 13, 2025, approved a House Committee substitute for House Bills 594 and 508 on a 100–48 vote after a floor debate that focused on the measure’s fiscal impact. The chamber’s recorded tally was 100 yeas and 48 nays.
Opponents on the floor urged caution, saying the bill could reduce state revenue and affect funding for existing programs. A member identified in the transcript as the Representative from Saint Louis City told colleagues: “We have cut important funding for adults with mental disabilities. We don't know how much revenue this is gonna cost us,” and urged members to “pause” and consider voting no.
Supporters framed the measure as pro‑growth. A floor handler identified in the transcript as the Representative from Pike County closed debate by citing state growth examples and urging members to “follow the science and vote yes,” arguing that some states without capital‑gains taxes experienced population growth. Floor debate did not present a precise fiscal estimate for the bill on the House floor during the recorded remarks.
The motion was renewed and the clerk announced the final tally as 100 yeas and 48 nays; the committee substitute was declared third read and passed. The bill will move to the Senate; floor speakers asked the Senate and sponsors to consider revenue impacts and potential offsets during downstream review.
