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Panel considers SB227 to raise historic rehabilitation tax credits for larger Kansas cities
Summary
Senate Bill 227 would modify KSA 79‑32,211 to alter tax‑credit percentages and population thresholds for the historic rehabilitation tax credit, potentially increasing the credit to 40% for a broader set of projects and aligning 501(c)(3) projects with higher credit levels.
Senate Commerce committee members heard testimony on Senate Bill 227, a proposal to change the calculation tiers and eligibility for Kansas’s historic rehabilitation tax credit in KSA 79‑32,211. The bill would adjust percentage credits tied to qualified expenditures and shift population thresholds used to determine which projects qualify for higher percentages.
The bill brief provided to the committee showed a set of revised categories based on project expenditures and city population. The presenter told the committee the bill would change the population cutoff that currently limits the highest 40% credit to smaller cities; under the bill language discussed in testimony, the 40% credit would be available for…
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