Not 100% sure on Disgaea 4, but they have been the same for Disgaea 2 and 3, so I'll go off that as it shouldn't have changed much.
There really is no value set on it and there are even levels within the ranks themselves, by this I mean 1 item will not 100% set them from Strongly for to love, but if we DID give them numeric values for the argument of this question, I'll try to illustrate below how killing would effect.
Say a senator has 500 rep points, a slightly interested item would be worth 10, interested would be worth 25, very interested would be worth 50, must have! would be worth 100, and not very interested or doesn't want would change in values depending on just how much they don't want it.
Killing would probably be around -200 / -250. If a senator loves you, and you kill him, he probably won't loathe you, but he'll most likely drop to around neutral / barely positive, which will take 2-3 or maybe even 4 must have items to make up in the long run.
Overall through my experience, never kill senators unless you're going for one those suggestions that has a 1-20% chance of success, anything higher than that I just save my game try it, if it fails, I reset and try again, but if it has extremely low chances I will bribe as many as I can and kill the rest, usually it doesn't have an overwhelming aftermath.
Well, since no one seemed to know, I tested it and found out that yes, he does gain the skill at level 500.
Best Answer
It increases the damage or healing these the spells do, by 1% per level in Disgaea 3 and 3% per level in Disgaea 4. If the spell has no direct damage or healing effect (eg. boost spells) then apparently levelling up the spell has no effect.