Bill Texts: KS HB2457 | 2023-2024 | Regular Session
Bill Title: Providing an income tax rate of 4.95% for individuals and decreasing the normal tax for corporations, increasing the income limit for the income tax subtraction modification for social security income and providing that all social security income qualifies for the subtraction modification commencing in tax year 2026, increasing the Kansas standard deduction for individuals and further increasing the standard deduction by a cost-of-living adjustment, discontinuing the food sales tax credit, decreasing the privilege tax surtax, establishing a 0% state rate for sales and use taxes for food and food ingredients on July 1, 2023, and increasing the extent of property tax exemption for residential property from the statewide school levy.
Spectrum: Committee Bill
Status: (Failed) 2024-04-30 - House Died in Committee [HB2457 Detail]
Spectrum: Committee Bill
Status: (Failed) 2024-04-30 - House Died in Committee [HB2457 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Introduced | 2023-03-13 | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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No bill amendments currently on file for Kansas HB2457 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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Fiscal Note | Ficsal Note: As introduced | Not Avail | Link | View |