Vote Smart's Synopsis:

Vote to pass a bill that would make a number of changes related to individual income tax and sales tax in Kansas.

Highlights:

• Prohibits the initiation of new STAR projects until July 1, 2018 (Sec. 2).

• Increases individual income tax rates beginning in the tax year 2017 such that the state would utilize a 3-bracket system of 2.9%, 4.9%, and 5.2% instead of a 2-bracket system (Sec. 2).

• Establishes that corporations will be taxed at a rate of 4% of their taxable income (Sec. 4).

• Authorizes deductions to adjusted gross income to be made for health insurance before the 2017 tax year (Sec. 8).

• Authorizes deductions to adjusted gross income to be made for interest or dividend income on obligations or securities, the portion of gain or loss from the sale of property, and tax refunds (Sec. 8).

• Specifies that all charitable donations allowable as deductions under the federal revenue code are eligible to be applied as state income tax deductions (Sec. 8).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that would make a number of changes related to individual income tax and sales tax in Kansas.

Highlights:

• Prohibits the initiation of new STAR projects until July 1, 2018 (Sec. 2).

• Increases individual income tax rates beginning in the tax year 2017 such that the state would utilize a 3-bracket system of 2.9%, 4.9%, and 5.2% instead of a 2-bracket system (Sec. 2).

• Establishes that corporations will be taxed at a rate of 4% of their taxable income (Sec. 4).

• Authorizes deductions to adjusted gross income to be made for health insurance before the 2017 tax year (Sec. 8).

• Authorizes deductions to adjusted gross income to be made for interest or dividend income on obligations or securities, the portion of gain or loss from the sale of property, and tax refunds (Sec. 8).

• Specifies that all charitable donations allowable as deductions under the federal revenue code are eligible to be applied as state income tax deductions (Sec. 8).

Full Bill Text

Vetoed by Governor Sam Brownback

Vote Smart's Synopsis:

Vote to pass a bill that would make a number of changes related to individual income tax and sales tax in Kansas.

Highlights:

• Repeals the exemption for non-wage business income that has been in effect since tax year 2013.

• Establishes provisions that are expected to increase State General Fund tax receipts by the following amounts (Sec. 2):

• FY 2018, $591.0 million;

• FY 2019, $626.1 million;

• FY 2020, $632.4 million;

• FY 2021, $638.7 million; and

• FY 2022, $645.1 million.

• Replaces the North Central Association of Colleges and Schools with the Higher Learning Commission (Sec. 1).

• Authorizes taxpayers to begin claiming certain non-wage business income losses in conformity with federal treatment (Sec. 2).

• Repeals special subtraction modification provisions relating to net gains from certain livestock and Christmas tree sales (Sec. 1).

• Authorizes medical expenses allowed as itemized deductions under federal law to become available as Kansas itemized deductions beginning in tax year 2018 (Sec. 2) .

• Increases individual income tax rates beginning in the tax year 2017 such that the state would utilize a 3-bracket system of 2.9%, 4.9%, and 5.2% instead of the 2-bracket system previously used (Sec. 2).

Full Bill Text