Mo. seeks to tap banks for overdue taxes

JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon is proposing new powers for the state to collect overdue taxes. The governor wants to allow the Department of Revenue to seize money from people's bank accounts when they are delinquent on tax payments.

The proposal will require legislative approval. It's one of eight specific changes to Missouri's tax collection laws that Nixon assumed would occur when outlining his nearly $24 billion budget.

The governor is banking that the various changes to the Department of Revenue's powers will generate $22 million next year and an additional $49 million in the 2012 fiscal year.

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