Following a meeting this afternoon between Senate Ways and Means Chairman Chuck Purgason, Representative Jerry Nolte and I, Senator Purgason posted a hearing of his committee for tomorrow on HB 1639, the Broad Based Tax Relief Act of 2012.
In the meeting, Senator Purgason indicated his willingness to move the part of the bill forward that would reduce the tax burden of EVERY Missouri employer by 50% over five years.
“Associated Industries of Missouri applauds both Senator Purgason and Representative Nolte for their leadership in providing real tax relief for employers – employers that will be free to use the additional money to create jobs and invest in their businesses, improving the Missouri economy,” said AIM President Ray McCarty.
Click here for a video that explains the bill. The legislative session ends Friday at 6:00 p.m.