Budget & Taxes in Kansas

signed · Kansas · House Apr 9, 2026

HB 2466: Enacting the Kansas sports authority act, authorizing STAR bond projects in major amusement park areas and extending the expiration date of the STAR bonds financing act.

HB 2466 extends Kansas's angel investor tax credit program expiration from 2026 to 2031, allowing eligible investors to claim tax credits for investments in qualified Kansas businesses through 2031. The bill directly affects angel investors who make cash investments in Kansas startups or small businesses and the businesses receiving those investments. It maintains the existing structure where investors can claim up to 50% of their investment as a tax credit, with annual limits (capping at $8 million in total credits per year for 2026-2031). The extension ensures the program remains active without altering credit rates or annual caps, providing continued incentive for early-stage business funding in Kansas.

Topics ✗ Budget & Taxes

Sub-Topics Tax Credits

signed · Kansas · House Apr 9, 2026

HB 2440: Excluding owners of oil leases from having to file request for exemption with the board of tax appeals for property tax exemptions.

HB 2440 amends Kansas property tax law to exempt owners of oil leases from the requirement to file for property tax exemptions with the Board of Tax Appeals. Currently, property owners must submit exemption requests to the Board, but this bill removes oil lease owners from that process. The key change is that oil lease owners will no longer need to complete the formal exemption application and review procedure with the Board of Tax Appeals. This directly affects oil lease owners in Kansas by simplifying their property tax filing obligations.

Topics ✗ Budget & Taxes ✗ Energy

Sub-Topics Property Tax Oil & Gas

died · Kansas · House Apr 10, 2026

HB 2458: Requiring the approval of property tax levies and bond issuances by elected bodies or electors.

HB 2458 requires local governments in Kansas (such as cities, counties, and townships) to obtain voter approval or elected body authorization before levying property taxes or issuing bonds, except for certain existing tax types. The bill mandates that any new tax levy or bond issuance must be approved by a majority of voters in a special election or by the elected governing body. Key provisions amend existing laws to add this approval requirement, ensuring local tax and debt decisions require direct public input. This directly affects all taxing jurisdictions seeking to raise funds through property taxes or bonds. The bill does not change current tax types covered under K.S.A. 72-5142.

Topics ✗ Budget & Taxes

Sub-Topics Business Taxes Debt & Bonds Property Tax Tags Local Government

died · Kansas · Senate Apr 10, 2026

SB 340: Prohibiting promise scholarship awards from being used to fund corequisite courses.

SB 340 amends Kansas's Promise Scholarship program to clarify that scholarship funds cannot cover remedial courses unless those courses are offered in a corequisite format (where students take remedial content alongside their main course). This directly affects Kansas Promise Scholarship recipients and eligible public/private colleges, as it restricts scholarship use for traditional remedial classes but allows corequisite remedial courses. The bill updates eligibility rules in K.S.A. 74-32,274 to specify that only corequisite remedial courses qualify for funding, while other remedial courses remain ineligible. This change aims to streamline scholarship usage for academic support without altering the program's income limits or funding caps.

Topics ✗ Budget & Taxes ✗ Education

Sub-Topics Student Financial Aid

died · Kansas · House Apr 10, 2026

HB 2599: Exempting minor-owned businesses from paying sales tax on the first $10,000 of sales from tangible personal property sold each calendar year and from local taxes, licenses, permits and other local government permissions.

HB 2599, known as the "Kansas lemonade stand law," exempts minor-owned businesses (operated solely by individuals under 18) from paying state sales tax and local taxes, licenses, or permits on the first $10,000 of annual sales of goods. It specifically applies to small, seasonal or intermittent businesses like lemonade stands, where minors make under $10,000 yearly in gross sales. The law removes both state-level sales tax obligations and local government fees for qualifying businesses. This policy directly supports young entrepreneurs by reducing startup costs for small-scale, temporary ventures.

Topics ✗ Budget & Taxes

Sub-Topics Business Taxes Sales Tax Tax Incentives Tags Small Business

died · Kansas · Senate Apr 10, 2026

SB 429: Extending the sunset for the angel investor tax credit to 2031.

SB 429 extends Kansas' angel investor tax credit program, allowing investors to claim up to 50% of their cash investment in qualified Kansas businesses as a tax credit, until 2031 instead of 2026. The bill directly affects individual investors and business owners who invest in eligible Kansas startups, with annual limits capping credits at $100,000 per business and $350,000 per investor per year. Key provisions include increasing the annual credit cap from $7.5 million in 2025 to $8 million for 2026 and all subsequent years through 2031, while maintaining the 50% credit rate and carry-forward rules for unused credits. The extension ensures continued tax incentives for early-stage business investments across Kansas without altering the existing credit structure.

Topics ✗ Budget & Taxes

Sub-Topics Tax Credits

died · Kansas · Senate Apr 10, 2026

SB 320: Expanding property tax exemption eligibility to include commercial and industrial machinery and equipment that was acquired or transported into this state on or before June 30, 2006.

SB 320 expands Kansas property tax exemptions to include commercial and industrial machinery and equipment acquired or transported into the state on or before June 30, 2006. It directly affects businesses owning qualifying equipment that was added before this date for expansion or new business creation. The bill adds two new exemption categories to existing tax law: (1) equipment acquired by 2006 for bona fide business use, and (2) equipment transported into Kansas by 2006 for business expansion or new ventures. These exemptions apply to all taxable years starting after December 31, 2025, and exclude equipment acquired solely to avoid taxes. The change aims to provide tax relief for qualifying pre-2006 business investments.

Topics ✗ Budget & Taxes

Sub-Topics Business Taxes Property Tax Tax Incentives

died · Kansas · House Apr 10, 2026

HB 2575: Discontinuing yearly registration and registration fees for motor vehicles when registered by an individual or individuals and used as a passenger vehicle or for personal use and discontinuing sales tax on transfers and property tax on such vehicles.

HB 2575 would eliminate annual registration fees and the requirement for yearly renewal for passenger vehicles and personal-use vehicles registered by an individual owner. It also removes sales tax on vehicle transfers and property tax for these specific vehicles. This change applies only to vehicles used for personal purposes and registered by an individual (not commercial vehicles or business fleets). The bill amends Kansas statutes to reflect these tax and registration changes, affecting individual vehicle owners who use vehicles for personal transportation.

Topics ✗ Budget & Taxes

Sub-Topics Property Tax Sales Tax

died · Kansas · Senate Apr 10, 2026

SB 343: Requiring the state board of regents to adopt rules and regulations to prohibit state moneys from being allocated for certain low-earning outcome programs and prohibiting political subdivisions from allocating state moneys for certain low-earning outcome programs.

SB 343 prohibits state and local public funds from supporting postsecondary education programs with low graduate earnings, as defined by federal standards. The state board of regents must create rules blocking state funds (including student aid and operational budgets) for such programs and submit annual reports to the legislature on enforcement and fiscal impact. Local governments, school boards, and other political subdivisions are also barred from using public money for these programs. This bill directly affects Kansas public universities, community colleges, and local education entities receiving state or local funding.

Topics ✗ Budget & Taxes ✗ Education

died · Kansas · House Apr 10, 2026

HB 2290: Enacting the Kansas land and military installation protection act to prohibit foreign principals from countries of concern from acquiring any interest in certain real property in this state.

HB 2290 prohibits foreign entities from "countries of concern" (including foreign adversaries and designated terrorist organizations) from acquiring any interest in real property near military installations in Kansas. It defines "countries of concern" based on federal designations, exempts small stock holdings (under 10% ownership) and residential properties, and blocks such entities from receiving economic development benefits like tax credits or grants. The bill applies to all property interests, including ownership, leases, and mineral rights, specifically targeting land critical to U.S. military or Kansas National Guard security. It amends Kansas law to implement this protection without affecting residential real estate.

Topics ✗ Budget & Taxes

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