Eric S. Schmitt (born June 20, 1975) is an American politician and Missouri State Treasurer of the 46th since 2017. He was previously a member of the Missouri Senate, representing Missouri State Senate District 15th from 2009 to 2017. He previously also served as Alderman for Glendale, Missouri from 2005 to 2008.
Video Eric Schmitt
Early life and education
Born in Bridgeton, Missouri, Schmitt is the sixth generation of the Missourian and lifelong inhabitants of St. Louis County.
Schmitt graduated from DeSmet Jesuit High School in 1993 and from Truman State University in 1997, where he earned a B.A. cum laude in political science. At Truman, Schmitt is a member of the Alpha Kappa Lambda fraternity, playing soccer and baseball, and became a founding member of Truman's Habitat for Humanity chapter. He received a scholarship to attend the Faculty of Law of St. University. Louis, where he obtained JD in 2000. Schmitt is a law review editor and published an article analyzing Supreme Court decisions at Clinton v. New York
Schmitt lives in Glendale and attends Mary, Queen of Peace Catholic Church with his wife, Jaime, and their three children, Stephen, Sophia, and Olivia. He is currently a professor in the Department of Philosophy at Saint Louis University.
Maps Eric Schmitt
Legal career
Schmitt was admitted to the Missouri bar in 2000. He is a partner at Lathrop & amp; Gage, LLP, in Clayton, Missouri, where he focuses on land use, real estate, business disputes, and administrative applications. In his community, he has been an active member for the board of Jesuit DeSmet College, the Nurses for Newborns Foundation, St. Louis Crisis Nursery, and the Parents as Teachers Program. He had previously been elected as chair of the Young Bar Division Board at Missouri Bar, leading the Tree-Giving efforts throughout the state to benefit the Big Brothers Big Sisters of America, and created a Special Needs Advocacy Task Force. He has also been involved with the TS (Tuberous Sclerosis) Alliance, Gateway Chapter of the Autism Society of America, Habitat for Humanity, and the local Chamber of Commerce.
Country Senate (2009-2017)
Schmitt served as city councilor for Glendale, Missouri, from 2005 to 2008. On November 4, 2008, Schmitt was elected to the Missouri Senate. When sworn, Schmitt became one of the youngest members ever to serve in the state upper chamber. He represents the 15th District of the State Senate of Missouri, which includes parts of St. Louis middle and west. After the 2010 census, the Schmitt district was redrawn, although it is still centered around the center of St. Petersburg. Louis County. On February 28, 2012, Schmitt proposed re-election in the 15th district. He ran unhindered in primary and general elections in 2012.
Schmitt served on the Senate Leadership as Chair of the Caucus and became Chief of Work, Economic Development, and Local Government Committee. He also served on the Governor's Appointment Committee; The Judicial, Civil, and Criminal Jurisprudence Committee; Veterans Affairs and Health Committee; and Chairs the Joint Committee on Administrative Rules.
In addition, Schmitt is working to enact the federal ABLE Act, to provide 529 savings account opportunities to families with children with special needs, to cover their future costs and enable them to be more financially and independently independent. The Missouri ABLE program allows anyone to contribute a tax deduction of up to $ 8,000 for an individual or $ 16,000 for a married couple to another person's MAMU account. The bill sponsored by Schmitt was signed by the Governor in 2015.
In 2016, Schmitt sponsored the bill (S.B. 572) which sets limits on the percent of revenues that the Missouri local government can obtain from non-traffic fines (such as fines for violations of city rules). Existing state laws have set a revenue limit on the percent of revenues the city can earn from traffic fines. The bill passed the state Senate in 25-6 votes in January 2016.
Schmitt also sponsors the law "to prohibit cities, counties, and law enforcement agencies from regulating traffic ticket quotas"; The bill unanimously passed the Senate state in February 2016. Schmitt sponsored the bill with Democratic Senator Jamilah Nasheed; laws aimed at responding to responses "to criticize some communities are too dependent on raising money from issuing these and other types of quotes."
2016 Elections for State Treasurer
Schmitt does not run for reelection to the Missouri State Senate by 2016 because he has a time limit. Instead, Schmitt proposed to nominate the Missouri Treasurer in the 2016 election. Schmitt ran as Republican and was unaffected in the Republican Party. He defeated Democrats, Judy Baker and Libertarian Sean O'Toole in the general election.
Missouri State Treasurer (2017 - Now)
As Treasurer, Schmitt oversees $ 3.6 billion of investment portfolio as Chief Financial Officer and also manages a number of different programs and initiatives.
Missouri Economic Dashboard
The Missouri Treasury's Office developed a dashboard showing economic data and trends, including unemployment, GDP, exports, housing, and other indicators.
Unclaimed Property
Schmitt returned more unclaimed properties in his first year than the previous treasurer in Missouri history. The Schmitt treasurer returned $ 45 million in unclaimed property during his first year in office, surpassing the previous record of $ 29 million.
Most unclaimed properties consist of cash from bank accounts, stocks, bonds, and the contents of a secure storage box that has been abandoned.
Missouri ABLE
In 2014, Congress passed Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act to enable individuals with disabilities who are eligible to save money while still allowing such individuals to qualify for federal-based benefits. In June 2015, then Sen. Eric Schmitt passed a state law, making the country a leader in the ABLE movement. Missouri ABLE was launched in April 2017.
Individuals who receive support through Social Security, Medicaid and other publicly funded programs are often disqualified from such support if they have resources or assets worth more than $ 2,000. The MO MAY program enables eligible disabled to save up to $ 14,000 annually in a single ABILITY account without jeopardizing their eligibility for federally-funded federally-tested ways such as Security Income Supplement (SSI) and Medicaid. Funds in such accounts may be used for disability-related expenses that assist recipients in improving and/or maintaining their health, independence or quality of life.
Missouri residents who contribute to the MO MAY account can deduct up to $ 8,000 (single) or $ 16,000 (together) on state income tax deductions.
Missouri FIRST
Missouri State Treasurer Eric Schmitt launched the Missouri FIRST initiative in March 2018. Missouri FIRST (Financing Investment in our Rural, Small Business and Technology communities) aims to enable Schmitt to invest more in Main Street Missouri by fixing state-linked deposit programs that partner with local lenders to provide low-interest financing for small businesses and agricultural operations. The changes implemented through Missouri FIRST are focused on bureaucratic cuts, access extensions and the modernization of associated deposit systems.
PALING 529
As Treasurer of State, Schmitt manages MOST 529, a tax-advantaged program that empowers Missouri families to save K-12 children's education costs and higher quality higher education costs. Missourians who contribute to the MOST 529 account are eligible for tax deductions of up to $ 8,000 or $ 16,000 if married and filed jointly. Earnings on 529 accounts are also not subject to federal income taxes, as long as funds are spent on eligible costs.
Prior to the passage of federal tax reforms in December 2017, 529 LIMITED plans were limited to higher tuition fees. Included in the Tax Cuts and Employment Act of 2017 is a language that allows countries to expand their programs to K-12 tuition fees, which Schmitt implements in Missouri.
Electoral history
Ops ed written by Eric Schmitt
- USA Today: No more taxes by quotation in Ferguson (August 9, 2016)
- St. Louis American: Advancing social justice reform for Missouri (May 31, 2016)
- Kansas City Star: Letter to the editor: Missouri Tax Cut (March 3, 2016)
- Columbia Daily Tribune: Mizzou Reform: Regaining taxpayer confidence (January 10, 2016)
- Wall Street Journal: 'Taxation by Citation' Undermines Trust between Police and Citizens (August 7, 2015)
- St. Louis America: Reform of Ferguson: ending taxation through citations (July 8, 2015)
- St. Louis America: Reform of Ferguson: ending taxation through quotes (June 24, 2015)
- Eric Schmitt: A less-funded state pension is the Missouri crisis on the horizon (5 February 2017)
- Congress Must Ratify Tax Reform By the End of the Year (6 September 2017)
References
External links
- Lathrop & amp; Gage LLP - People - Eric S. Schmitt biography at his law firm
- The project chooses a smart biography
- "Eric Schmitt - Missouri Senator". StateSurge . LobbyAssist LLC . Retrieved 2009-04-06 .
- "Voters Information for Eric Schmitt November 4, 2008 Election". SmartVoter . League of Women Voters of California Education Fund . Retrieved 2009-04-06 .
Source of the article : Wikipedia
0 Comments