AN ACT concerning income taxation; relating to addition and subtraction modifications for the treatment of global intangible low-taxed income, business interest, capital contributions, FDIC premiums, business meals, payment protection program loans and expenses, social security benefits and amounts received from employer-sponsored retirement plans; expanding the expense deduction for income taxpayers and calculating the deduction amount; providing the ability to elect to itemize for individuals; exemption of unemployment or other compensation income attributable as a result of identity fraud; increasing the Kansas standard deduction; amending K.S.A. 79-32,117, 79-32,119, 79-32,120, 79-32,138 and 79-32,143a and repealing the existing sections.