Missouri lawmakers have given final approval to an income tax cut for individuals and many business owners.
The vote Wednesday by the Republican-led House could set up a veto showdown with Democratic Gov. Jay Nixon.
Nixon rejected a tax cut last year and has voiced concerns that this year's measure could jeopardize funding for public schools and services.
The legislation would gradually cut Missouri's top individual income tax rate from 6 percent to 5.5 percent and phase in a new 25 percent deduction for business income reported on personal tax returns. The tax cuts would begin in 2017, but only if state revenues rise by at least $150 million.
The bill also would increase a tax deduction for low-income residents and adjust Missouri's tax brackets based on inflation.
Members of the Kappa Sigma Fraternity at MSSU are staying up around the clock for 48 hours at the corner of 7th and Duquesne to raise money for one of their philanthropies; Military Heroes. They're hoping to collect $2,500. Member Chad Williams tells News Talk KZRG about the organization.
"They support a lot, like the Fisher House. Fisher House builds houses next to military