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Committee votes to advance changes to Kansas Housing Investor Tax Credit
Summary
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.
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Housing Investor Tax Credit by permitting transferability to be effective beginning in the year the cash investment was originally made by the qualified investor, rather than beginning the year the credit was transferred.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.
Representative Francis moved that the committee pass HB 2,096 favorably; Representative Butler seconded. The committee approved the motion by voice vote and the transcript records "motion carries." No roll‑call tally was recorded in the hearing transcript.
The committee’s favorable recommendation sends the bill out of committee for further legislative consideration; the transcript includes no recorded opposition or neutral testimony during the committee’s vote.
