Establishing the Kansas employee emergency savings account (KEESA) program to allow eligible employers to establish employee savings accounts, providing an income and privilege tax credit for certain eligible employer deposits to such employee savings accounts and providing a subtraction modification for certain employee deposits to such savings accounts.

HB 2090 establishes the Kansas Employee Emergency Savings Account (KEESA) program, allowing eligible Kansas employers to set up employee savings accounts with automatic payroll deductions. Employers receive an income and privilege tax credit for their deposits, while employees can subtract their own contributions from taxable income. The program requires employers to make a minimum $50 initial deposit per employee, offer federally insured accounts with mobile access, provide financial literacy tools, and report participation details annually. It directly affects Kansas employers participating in the program and their employees who choose to enroll in these emergency savings accounts.