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Missouri Rep. Jason Smith got his child tax credit bill through the House. Will the Senate act?

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Missouri Rep. Jason Smith got his child tax credit bill through the House. Will the Senate act?


Missouri Congressman Jason Smith said the bipartisan vote on a bill that increases the child tax credit provides momentum to get through the Senate, even though some of his GOP colleagues are worrying about it helping President Joe Biden.

“You’ll hear politicians say all kinds of things all the time,” said Smith, R-Salem. “But the focus and the foundation should always be delivering for their constituents. That’s why I am pushing so aggressively for this package, because I think it’s pro-American. It is what Republicans and Democrats in this country can use.”

Smith and Democratic Sen. Ron Wyden of Oregon teamed up to craft the legislation, which includes business incentives aimed at spurring research and development and a boost to the federal low-income housing tax credit. The other major part of the bill is an expansion of the Child Tax Credit. Workers who pay little to no federal taxes would get an additional $300 boost to the credit over the next three years. And for people who pay federal taxes, the credit will be tied to inflation — which means it will go up from its current $2,000-per-child rate.

Smith said the bill was the result of the Ways and Means Committee traveling throughout the country and hearing ideas from business owners. He added that he began working with the Senate after it became clear that buy-in from the Democratically controlled chamber was the only way the package would pass.

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Despite passing out of the Ways and Means Committee 40-3, the bill faced turbulence — especially when Republicans from New York publicly criticized how it didn’t include an increase to the deduction for state and local taxes. Axois reported that Smith’s chairmanship of Ways and Means was in jeopardy, with one unnamed lawmaker criticizing him for working with Democrats and members of the Senate.

“There’s always people who may be disgruntled that you work with, and they love to talk to reporters and hit their message,” Smith said about the article. “But I feel very comfortable and confident with the job I’m doing as chairman.”

Eric Lee

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St. Louis Public Radio

U.S. Rep. Cori Bush, D-St. Louis County, speaks during a campaign event on Saturday, Jan. 27, 2024, in Northwoods. Bush, who was first elected to represent the Missouri’s 1st Congressional District in 2020, is up for re-election.

Bipartisan objection

Among the 357 people who voted for the legislation were Smith, Reps. Emanuel Cleaver, D-Kansas City; Ann Wagner, R-Ballwin; Mark Alford, R-Cass County; Blaine Luetkemeyer, R-St. Elizabeth, and Sam Graves, R-Tarkio.

Cleaver said that while he would have liked to boost the Child Tax Credit to where it was in 2021, at $3,600 per child, “democracy demands compromise, and we must be pragmatic when searching for progress.”

“Although the U.S. is experiencing the strongest post-pandemic economic recovery in the world, I know that there are Missouri families that are still struggling to get by and I refuse to play politics when I could help provide those families with this lifeline instead,” Cleaver said.

A number of Cleaver’s Democratic colleagues, including U.S. Rep. Cori Bush, D-St. Louis County, voted against the measure, contending it was too slanted toward corporations.

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“I raised my own children as a single mother and understand what it’s like to be overlooked when it comes to federal policies that could have made the difference between putting food on the table or going hungry,” Bush said. “I refuse to turn my back on the thousands of children in St. Louis who stand to gain from meaningful policies that will save lives, especially when the alternative is helping billionaire corporations get richer. Our work is rooted in the need to deliver for the everyday families in St. Louis and across our country and I cannot justify supporting a bill that treats our most vulnerable families as an afterthought.”

Republicans, like U.S. Rep. Eric Burlison of Battlefield, were critical of the expansion of the Child Tax Credit, which they say amounted to an expansion of the welfare state.

“While there were some pro-growth provisions in the bill, there were also provisions that expanded welfare payments while weakening work requirements,” Burlison said. “In the end, the negative aspects of the bill outweighed the positive, so I voted against the bill.”

Other Republicans, including Reps. Chip Roy of Texas and Matt Gaetz of Florida, contended during Wednesday debate that the bill would incentivize people to enter the country illegally.

Smith described the people who voted against the bill, such as Bush, Gatez and Roy, as “the extremes of both parties. He also pushed back against contentions that the Child Tax Credit changes would incentivize illegal immigration, pointing to provisions in the 2017 tax cuts that only allow the credit to go to children who have a Social Security number.

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“So it’s easy for people to say one thing, but the facts are a little bit different,” he said.

Senate showdown

Smith’s bill now heads to the Senate. The measure received backing from Senate Majority Leader Chuck Schumer several weeks ago, which is important since Democrats control the chamber.

But whether Republicans come on board is unclear. Iowa Sen. Chuck Grassley said this week that he was worried that passage would help Biden’s reelection efforts. That’s a similar argument Republicans are making about why they don’t want to pass any legislation to overhaul immigration policy.

A spokesman for U.S. Sen. Eric Schmitt, R-Missouri, said he is monitoring the bill’s progress, while a request for comment from U.S. Sen. Josh Hawley, R-Missouri, was not immediately returned.

Smith isn’t expecting the bill to sail through the Senate, adding that “just as we had bumps in the road for the last 15 days here in the House of Representatives, there’ll be bumps over there.”

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“Because a tax package does not move often in Congress, let alone a bipartisan tax package,” Smith said. “But when you see something get 84% of the vote, that’s a mandate.”

Copyright 2024 St. Louis Public Radio. To see more, visit St. Louis Public Radio.

Missouri Rep. Jason Smith got his child tax credit bill through the House. Will the Senate act?





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Missouri Supreme Court reviews airport property tax deduction

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Missouri Supreme Court reviews airport property tax deduction


Summary:
  • Missouri Supreme Court heard arguments on constitutionality of airport property tax valuation statute.
  • Case involves valuation of Marriott hotel at Kansas City International Airport.
  • Platte County assessor argues statute creates special tax advantage for airport properties.
  • Missouri State Tax Commission reduced hotel’s valuation from $13.45 million to about $6.14 million.

The Missouri Supreme Court heard arguments Feb. 10 in a case challenging how a hotel at Kansas City International Airport was valued for property tax purposes and whether a state statute allowing deductions for airport property improvements is constitutional.

The dispute centers on the valuation of the Marriott Hotel located at Kansas City International Airport and whether a provision in Section 137.115.1 of state law improperly reduces the taxable value of certain airport properties.

At issue is a challenge by the Platte County assessor and the Park Hill School District to a decision by the Missouri State Tax Commission that resulted in a lower valuation for the 2016 tax year.

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The assessor was represented during arguments by Stephen E. Magers, an attorney for Platte County in Platte City; Grady Hotel Investments was represented by Peter A. Corsale of McCarthy, Leonard & Kaemmerer in Town & Country.

Magers argued the statute effectively creates a special class of property that receives favorable tax treatment.

“This case concerns a truly novel item of the Missouri statutes,” he said. “It stands alone as the only statute within the entirety of the Missouri framework that gives a certain set of taxpayers a tax advantage of having real property located within an airport receive a deduction for new construction and improvements.”

The property at issue is a Marriott hotel located on land owned by Kansas City within the boundaries of Kansas City International Airport. The city leases the land to a private operator.

In 2015, Grady Hotel Investments purchased the prior operator’s interest in the property for about $8.5 million. As part of the transaction, Grady entered into an amended lease and concession agreement with the city and committed to making capital improvements to repair and renovate the property.

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For the 2016 tax year, the Platte County assessor valued Grady’s interest in the hotel at approximately $13.45 million. After the county board of equalization upheld that valuation, Grady appealed to the Missouri State Tax Commission.

The commission initially set the hotel’s assessed value at zero using the “bonus value” methodology for leasehold interests, but the Missouri Court of Appeals Western District later reversed that ruling and remanded the case. On remand, the commission ultimately determined the hotel’s “true value in money” was about $6.14 million. The commission reached that figure after deducting the value of personal property included in the purchase and approximately $1.2 million in costs paid toward new construction and improvements made after 2008, as permitted under Section 137.115.1.

Magers argued that the statute operates as an unconstitutional tax break for properties located within airport boundaries.

“At its core, what the statute does is create a special kind of property that receives a reduction to its value based on new construction and improvements spent toward such possessory interests in real property,” said Magers.

He also said the provision treats airport properties differently from other commercial properties.

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“A homeowner doesn’t get a reduction to their value when they get a new roof on their property,” he said. “But for property that is located within an airport boundary that undertakes new construction or improvements, there is a deduction to that value that the statute mandates.”

Corsale countered that the statute does not create a tax exemption but instead establishes a permissible method for valuing certain types of property.

“To me the answer is no. This is a method of valuation,” he said, arguing that the Missouri Constitution gives the legislature authority to determine how property is valued for tax purposes.

Judge Mary R. Russell questioned whether the deduction could potentially reduce a property’s value to zero if improvements continue over time.

“But couldn’t it be, at some point, a perpetual exemption,” she said, noting the statute allows deductions regardless of when improvement costs were incurred.

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Corsale said the improvements ultimately revert to the city when the lease ends.

“What we are dealing with is a private company improving public land that eventually reverts back to the public,” he said. “At the conclusion of the lease, the public gets the benefit of whatever money they put into this property.”



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Fact Finders: Can tow trucks run red lights in Missouri?

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Fact Finders: Can tow trucks run red lights in Missouri?


SPRINGFIELD, Mo. (KY3) – A viewer named Donna asked KY3’s Fact Finders whether it is legal for tow trucks with emergency lights to run through a red light. The answer is yes, but with conditions.

Missouri law states that any wrecker or tow truck may proceed past a red stop signal or stop sign, but only after slowing down as necessary for safe operation.

What the law requires

Three conditions must be met for a tow truck driver to proceed through a red light legally: the driver must be responding to an emergency call, must slow down or stop to confirm the intersection can be crossed safely, and must have at least one lighted lamp displaying a red light visible from 500 feet to the front of the vehicle while also sounding an audible signal such as a siren or bell.

Terry Harden of Terry’s Towing said tow truck drivers can legally be treated the same as other emergency vehicles.

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“You really could be treated just like a police car, fire truck, ambulance,” Harden said.

Not every call warrants running a red light

Harden said he uses judgment when deciding whether to exercise that legal right.

“If you call me for a jump start, don’t mean I’m going to run red lights and sirens to get to your jump start,” Harden said.

Dispatchers sometimes instruct drivers to respond quickly to emergency crash scenes, Harden said.

“They want you to be there faster than fast. It says, expedite, expedite. And that’s fine. I will expedite it,” Harden said.

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Have a question for Fact Finders? Visit KY3.com, go to the menu, select Fact Finders, and click Contact Fact Finders.

To report a correction or typo, please email digitalnews@ky3.com. Please include the article info in the subject line of the email.



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Missouri Sportsbook Promos: $5,115 in MO Sports Betting Promos

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Missouri Sportsbook Promos: ,115 in MO Sports Betting Promos


The best Missouri sportsbook promos are here for new users! Learn more about Missouri sports betting promos available today.

Missouri sportsbook promos offer new bettors up to $5,115 in bonuses now that sports betting live in the Show-Me State. Find out more about the best Missouri sports betting promos you can claim today!

Best Missouri Sportsbook Promos

These MO sports betting sign up bonuses are some of the best sportsbook promos available today, so make sure to sign up as a new user and claim your sports betting promo in Missouri!

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BetMGM: $1,500 in Bonus Bets if You Lose

The BetMGM bonus code ROTOSPORTS is one of the highest-valued Missouri sportsbook promos. New users simply bet up to $1,500 as their first wager, and if that bet loses, you get your stake back in the form of bonus bets.

🎁 Bonus Code: ROTOSPORTS
💰 Sign Up Offer: Get up to $1,500 Back in Bonus Bet If You Lose Your First Bet
📊 Terms & Conditions: New Users Only
⏳ Time Limits: Bonus Bets Expire After 7 Days 

DraftKings: Bet $5 Get $200 in Bonus Bets if Your First Bet Wins

The DraftKings promo code is one of the top Missouri sportsbook bonuses we have available. Just for signing up and betting $5, you’ll receive $200 in bonus bets if your first bet wins! I couldn’t think of a better way to start betting with DraftKings. 

🎁 Promo Code: BET NOW
💰 Sign Up Offer: Bet $5 Get $200 in Bonus Bets if Your First Bet Wins
📊 Terms & Conditions: New Users Only
⏳ Time Limits: Bonus Bets Expire After 7 Days 

bet365: Bet $10, Get $365 In Bonus Bets

The bet365 bonus code Missouri bettors can claim is one of the best bang-for-your-buck offers. You can fetch $365 in bonus bets instantly just by placing a first bet of $10! And you don’t have to win your first bet to claim that MO sportsbook bonus, just place the bet and the bonus bets are yours. 

🎁 Bonus Code: BET NOW
💰 Sign Up Offer: Bet $10, Get $365 in Bonus Bets
📊 Terms & Conditions: Must Claim Within 30 Days of Registering Your Account, Odds of -500 or Greater
⏳ Time Limits: Bonus Bets Expire After 7 Days 

Caesars Sportsbook: $250 Bet Match

The bonus from the Caesars Sportsbook promo code ROTO250BM is simple – just place a first bet of up to $250 and Caesars will match that bet with a bonus credit of equal value. This is one of the more unique MO sports betting bonuses, so make sure to grab it before it changes!

🎁 Promo Code: ROTO250BM
💰 Sign Up Offer: $250 Bet Match
📊 Terms & Conditions: New Users Only, First Bet Only
⏳ Time Limits: Bonus Bets Expire After 30 Days 

FanDuel: Bet $5, Get $100 In Bonus Bets

The FanDuel promo code has a great return on investment that rewards new users with a substantial payout just for betting $5. This is one of the best Missouri sportsbook promos available, so head over and claim the welcome bonus!

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🎁 Promo Code: BET NOW
💰 Sign Up Offer: Bet $5, Get $200 In Bonus Bets
📊 Terms & Conditions: New Users Only
⏳ Time Limits: Bonus Bets Expire After 7 Days

Fanatics Sportsbook: 10x$100 Bet Match in FanCash

The Missouri sports betting promo from Fanatics Sportsbook is the best-valued welcome offer available today. Opt in and bet up to $100 each day to receive that a bet match in FanCash once that wager settles. This is one of the best MO betting promos as you can opt in to claim the sign up bonus for your first 10 days of betting!

🎁 Promo Code: BET NOW
💰 Sign Up Offer: 10x$100 Bet Match in FanCash
📊 Terms & Conditions: Must Opt In Every Day, Minimum Odds of -200
⏳ Time Limits: FanCash Expires 365 Days After Issuance

TheScore Bet: Bet $10, Get $100 in Bonus Bets

TheScore Bet is a newcomer to the US, but it brings with it a great Missouri sportsbook sign up bonus! Bet $10 and Get $100 in Bonus Bets instantly with the welcome offer associated with the TheScore Bet promo code. A classic bet-and-get offer, you don’t have to worry about winning your first bet here. Just bet $10 and the $100 bonus is yours!

🎁 Promo Code: BET NOW
💰 Sign Up Offer: Bet $10, Get $100 in Bonus Bets
📊 Terms & Conditions: New Users Only, Former ESPN BET Users Not Eligible
⏳ Time Limits: Bonus Bets Expire After 7 Days

How to Claim Missouri Sports Betting Promos

Claiming Missouri sports betting promos is straightforward and similar across all sportsbooks. Here’s the step-by-step process:

  1. Click one of the BET NOW links on this article.
  2. Create an account by providing your name, email, date of birth, last 4 digits of SSN, and verify your identity.
  3. Make a deposit.
  4. Enter the promo code if necessary.
  5. Place a qualifying first bet.
  6. Receive your bonus!

Most Common Sign-Up Bonuses in Missouri

There are a plethora of sportsbook promos in Missouri, here are the most common types and expected offers:

Bonus Type How It Works Max Value
Bet & Get (Guaranteed bonus) Place a small first bet ($5–$10) → Get bonus bets no matter what. $200–$400
No Sweat First Bet (Insurance) First bet loses → Get refund in bonus bets (up to cap). Wins = keep cash. $1,000–$1,500
Daily Match/No Sweat (Multi-Day) Match or insure a bet each day for 5–15 days. $1,000–$3,000
Deposit Match Deposit X → Get bonus % match (rare at launch due to high playthrough). $500–$1,000
Profit/Odds Boosts Enhanced payouts on select bets. Varies

Tips to Maximize Your MO Sportsbook Promos

While claiming a MO sportsbook promo is simple, getting the maximum value out of that bonus can make the biggest difference. Here’s what I suggest in order to maximize your MO sports betting bonuses:

  1. Sign up for multiple sportsbooks
  2. Shop lines & stack promos
  3. For multi-day offers (like Fanatics), bet the maximum qualifying amount every single day.
  1. Use bonus bets strategically
  2. Read the fine print
  3. Bet responsibly



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