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House Committee of the Whole advances HB 2096 to ease carryforward rules for Kansas housing investor tax credits
Summary
House Bill 2096, intended to let buyers of Kansas housing investor tax credits use credits starting in the tax year they were first issued (preserving the full five-year carryforward), was reported favorably by the Committee of the Whole and recommended for passage; the bill carried no fiscal note and saw no committee opposition on record.
House Bill 2096, carried to the floor by Representative Hoheisel, would allow buyers of the Kansas housing investor tax credits to use those credits beginning in the tax year the credits were first issued rather than the tax year in which the credits were transferred. Proponents on the House floor said the change ensures buyers receive the full…
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