(AP) – Missouri Gov. Eric Greitens is empaneling a
committee to study and recommend how to reform the state’s tax rates and
credits.
The state’s Republican chief executive signed an executive order Wednesday
creating the 10-person “Governor’s Committee for Simple, Fair, and Low Taxes.”
He says the current system is “broken,” hurting Missouri’s budget and job
creation.
Greitens says the unpaid panel’s tasks will compare Missouri’s tax credit
programs and tax rates to “peer” states and assess the economic impact of state
tax credits.
Greitens says the committee will hold at least four town hall meetings and
recommend reforms to him by June 30.
Committee members will include four appointed by Greitens, and three each
selected by the state Senate’s president pro tem and the House speaker. Greitens
will designate a chairman.
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