Senate Ways and Means Approves AIM’s Tax Cut Plan for Every Missouri Business

This morning, the Senate Ways and Means Committee approved a committee substitute for HB 1639.  Committee Chairman Chuck Purgason will carry the bill in the Senate.  Representative Jerry Nolte originally sponsored and shepherded the bill through the Missouri House.

Associated Industries of Missouri, NFIB, the Missouri Grocers Association and Missouri Retailers Association testified in support of the legislation at the Senate hearing yesterday. “Passage of this bill would help Missouri’s economy recover faster, by allowing Missouri’s job creators to invest their money in new employees and capital improvements,” said Ray McCarty, President of AIM.

The legislative session ends Friday at 6:00 p.m.