Kansas Tax Bills Introduced at the End of Regular Session 2015

Gerald Capps, JD

Kansas Tax Bills Introduced at
the End of Regular Session 2015

By Jerry Capps
AGH Specialized Tax Solutions
April 14, 2015

A number of bills that could affect various types of taxation in the state of Kansas have been introduced during the 2015 regular legislative session. These bills principally relate to property and income tax. Between now and the end of the legislature’s wrap-up session, legislators will consider how and whether to take any action on the bills. The link following each bill’s title provides information about its content.

If you have questions about how the bill might affect your tax situation if passed, contact Jerry Capps, AGH senior vice president of state and local tax by email or call 316.291.4130.

If you’d like to reach your legislators with comments about any of the bills, you can locate their contact information here.

HB 2419 taxing moneys, notes and other evidences of indebtedness; providing for the administration, collection and enforcement of the tax thereon (intangibles tax). Click here for a pdf of the bill.

HB 2420 property exempted after July 1, 2015 not exempted from school property tax. Click here for a pdf of the bill.

HB 2421 sunset of the property tax exemption for qualifying new pipeline property or the retention of existing exemptions. Click here for a pdf of the bill.

HB 2422 limiting the appeals of property taxes to the spring only. Click here for a pdf of the bill.

HB 2423 increases the state-wide property tax from 20 mills to 30 mills for the 2015-2016 and 2016-2017 school years. Click here for a pdf of the bill.

HB 2424 imposes 5 mills of state-wide property tax for schools on exempt property. Click here for a pdf of the bill.

HB 2425 income tax rates; the bill reduces the tax rates for the lower bracket and increases the taxes for the upper bracket for 2015 and eliminates the tax reductions thereafter. Click here for a pdf of the bill.

SB 260 taxes passive income. Click here for a pdf of the bill.