Tagged: tax amnesty

Updating you on a story about the first vote yesterday, the Missouri House has, with their second vote today, approved legislation to allow for a tax amnesty period.

Delinquent Missouri taxpayers would get a chance to pay off their debts without owing penalties or interest under the legislation.

Missouri House members have endorsed legislation to offer amnesty to delinquent taxpayers.

The measure would waive interest and penalties for those who pay their tax bills between Aug. 1 and Oct. 31. Supporters estimate the measure could bring in as much as $74 million to the state. Plus, they say it would give individuals and companies an opportunity to wipe their slate clean.

The legislation gained first-round approval Wednesday and needs another vote before moving to the Senate.