Some charities oppose Gov. Jay Nixon's plan to rein in the state's tax credit programs, fearing that their funding source could be crowded out by politically influential recipients.

Rep. Shane Schoeller, R-Willard, and three other House Republicans held a press conference Monday with organizations that benefit from benevolent tax credits to express opposition to the governor's latest proposal.

Floated just last week, it would cap business and job development tax credits at $150 million, cap subsidies for low-income housing at $75 million and cap the rehabilitation of historic homes and buildings at $75 million annually.