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2009-12-21Jefferson City, MO | By: Wayman
The provision will use 15 million dollars in reserve funds to cover the cost of property taxes, up to 12-hundred 50 dollars- for first-time home buyers next year who earn less than 98 thousand dollars a year.
Republican Lieutenant Governor Peter Kinder sits on the commission cast the lone "no" vote.
But commission chair and State Treasurer Clint Zweifel says it will help Missourians in a tough economy.
The provision starts January first.