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SB283: Decreasing individual income tax rates, discontinuing tax credits of the high performance incentive program and the Kansas affordable housing tax credit act, discontinuing payroll withholding tax benefits of the promoting employment across Kansas act, discontinuing the crediting of certain amounts to the job creation program fund and repealing certain tax credits.
IntroducedSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill aims to lower individual income tax rates and eliminate certain tax credits. It also ends benefits for some businesses.
Who This Affects
Individuals who pay state income taxes will likely see a decrease in their tax burden. Small businesses and job creators may be affected by the elimination of specific tax credits.
Key Provisions
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Timeline
Introduced
Sunday, March 2, 2025
Last Action
Senate Hearing continuation: Thursday, March 6, 2025, 9:30 AM Room 548-S
Mar 5, 2025
Sponsors
No sponsors listed.
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