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Missouri Senate gives preliminary approval to bill exempting some veteran survivor benefits from state income tax
Summary
The Missouri Senate gave preliminary approval to Senate Bill 59, sponsored by Sen. Jill Carter, which would authorize an income tax deduction for certain survivor benefits for veterans. Minority Leader Doug Beck warned such targeted tax breaks can "pick out winners and losers." The measure now moves toward the Missouri House for consideration.
Senator Jill Carter of Granby won preliminary approval in the Missouri Senate for Senate Bill 59, legislation that would authorize an income tax deduction for certain survivor benefits paid to families of veterans.
The measure would allow survivors who receive specified veteran survivor benefits to exclude those payments from Missouri state income tax. "Gives our veterans…
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