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Committee advances bill making Kansas housing investor tax credit transferable to original investment year
2330340 · February 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
House Bill 2,096 would change when the Kansas Housing Investor Tax Credit may be transferred, making the transfer effective beginning in the year the cash investment was originally made and applying retroactively to tax year 2022 and thereafter; the committee voted the bill out favorably.
The Committee on Taxation voted to pass House Bill 2,096 favorably after a reviser overview. The reviser said HB 2,096 would permit the Kansas Housing Investor Tax Credit to be transferable from the year the cash investment was originally made rather than from the year the credit was…
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