Committee votes to advance changes to Kansas Housing Investor Tax Credit
House Bill 2,096 would allow the Kansas Housing Investor Tax Credit to be transferable beginning in the year the cash investment was made and would apply retroactively to tax year 2022 and thereafter. The Committee on Taxation voted to pass the bill favorably by voice vote.
The full story
House Bill 2,096 would alter the Kansas Housing Investor Tax Credit by permitting transferability to be effective beginning in the year the cash investment was originally made by the qualified investor, rather than beginning the year the credit was transferred. The reviser reported the bill would also apply the change retroactively to credits issued for tax year 2022 and thereafter.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.