20 Jan 2024 Kansas Legislature Update – Week Two
This week, while many new bills were being introduced, the Kansas legislature’s main focus was on assembling a tax bill to send to Governor Laura Kelly. On Thursday, lawmakers passed Conference Committee Report on House Bill 2284 which includes a single (5.25 percent) income tax rate on individuals, an increase to the standard deduction, residential property tax relief and a 0 percent sales tax rate on food beginning in April of this year. The bill, which would cost the state $550 million ($1.6 billion over the first three years), is likely to...