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SENATE - BILL

SB 61

Providing an income tax rate of 5% for individuals and corporations, decreasing the surtax for entities subject to the privilege tax and providing that future income tax rate decreases be contingent on exceeding revenue estimates.

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Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Version

Bill Fiscal Note
As Introduced

Providing an income tax rate of 5% for individuals and corporations, decreasing the surtax for entities subject to the privilege tax and providing that future income tax rate decreases be contingent on exceeding revenue estimates.

Document Reports

Legislative History

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Identification

Bill No. SB 61
Chamber Senate
Requested By —

Subjects

Taxation

Original Sponsor

Current Sponsor

Sections Affected

Amended

K.S.A. 79-1107 and 79-1108 and K.S.A. 2022 Supp. 79-32,110

Effective Date

This act shall take effect and be in force from and after its publication in the statute book.
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