Providing a remittance credit to retailers for the collection of sales and compensating use tax.

SB 109 provides Kansas retailers a 1.5% credit on the sales and compensating use tax they remit to the state each month, capped at $300 per retailer per month. This credit directly affects retailers who collect and pay these taxes, reducing their net tax liability. The credit applies regardless of whether a retailer files a consolidated tax return, even if they switch filing methods after 2024. The bill takes effect upon publication in the statute book, making this a concrete change to tax remittance calculations for eligible businesses.