Monday, April 21, 2014

Published:02/01/2013

Governor Jay Nixon proposed a $25.7 billion budget during Monday's State of the State Address.  Increased funding for Early Childhood Education, K-12 and Higher Education, Mental Health, and Domestic Violence programs and facilities were specifically discussed.  Restoring campaign contribution limits and Medicaid Expansion are other key priorities outlined.

In response to the Governor's Address, State Budget Director Linda Luebbering provided comments regarding the FY 14 budget to the Senate Appropriations Committee on Tuesday followed by the House Budget Committee on Wednesday.  In terms of revenue, the original consensus revenue estimate indicated anticipated growth of 4.8%, however, with anticipated reductions due to the continued  corporate franchise tax phase out; an increase in the federal payroll tax, which allows Missourians to take a greater federal tax credit against their state tax bill; and one-time funds no longer available, growth will be more in the range of 3.1%.  This translates into approximately $237 million.

It was also noted the Governor's budget relies on $908 million in federal funding tied to Medicaid expansion; and approximately $165 million from proposed legislation including $56.6 million from legislation related to changes in the state's circuit breaker tax credit; $51.8 million from a tax amnesty proposal that has been repeatedly shot down; $10.5 million through Internet sales taxes; and $46.6 million from the expansion of Medicaid.  The $46.6 million in savings would be a result of Missourians pulled into the 138% population, currently covered by the state at 100%, shifting to 100% federal coverage.

WORKERS' COMPENSATION

SB 1, sponsored by Senator Scott Rupp which deals with Workers’ Compensation and the Second Injury Fund will be taken up for floor debate on Monday afternoon in the Missouri State Senate.

The Senate Committee on Small Business, Insurance and Industry  held an Executive Session on Wednesday.  Among the bills voted out was SB 34, sponsored by Senator Cunningham.  If you recall, the bill requires the Division of Workers' Compensation to develop and maintain a workers' compensation claims database that is searchable by an employee's name and social security number.

Attached is a current Bill Summary and Status Report. Should you have any questions, please don’t hesitate to contact the MSIA office.

 


Files

Title Type Size Last Modified
msia-2013-leg-rept pdf 189.8 KB 02/01/2013 open