Kansas 2023-2024 Regular Session

Kansas Senate Bill SB227

Introduced

2/9/23

Refer

2/10/23

Failed

4/30/24

Caption

Allowing a retailer to retain the state rate of sales and compensating use tax from movie ticket sales and concession sales.

Impact

If enacted, SB227 would represent a significant change in the fiscal dynamics of sales tax collection for movie theaters and related retailers. By permitting these entities to retain a portion of sales tax, it could incentivize more spending in the entertainment sector and possibly enhance consumer access to entertainment options. However, it also raises concerns about the effects on state revenue, as a portion of taxes that would typically contribute to state funding would now be retained by retailers.

Summary

SB227 proposes allowing retailers to retain the state rate of sales and compensating use tax collected from movie ticket sales and concession sales. This proposal is aimed at providing financial relief to retailers within the entertainment sector, particularly cinemas, by allowing them to retain a portion of the tax revenue generated from these sales. The bill is positioned as a means to help boost profitability for retailers who may be struggling to recover from economic impacts, particularly in the wake of the COVID-19 pandemic.

Contention

There are potential points of contention regarding the financial implications of SB227 on state budgets and the fairness of allowing certain industries tax retention while others might not benefit from similar provisions. Critics argue that this could create an uneven playing field among different retail sectors, especially as other businesses may not receive similar tax benefits. Proponents contend that the bill is crucial for supporting local businesses recovering from troubling economic periods.

Notable_points

The discussions surrounding SB227 could also touch on broader trends regarding tax policy and support for specific sectors during challenging times. The outcome of the bill may set precedents for future tax relief measures aimed at specific industries, raising questions about equity among various retail sectors and the long-term sustainability of such tax retention practices.

Companion Bills

No companion bills found.

Previously Filed As

KS HB2318

Decreasing the state rate for sales and compensating use tax to 6.15%.

KS HB2584

Imposing sales and compensating use tax on digital property and subscription services and providing for the decrease in sales and compensating use tax rates in certain circumstances.

KS HB2277

Decreasing the state rate for sales and use taxes for prepared food and increasing the percent credited to the state highway fund from sales and use tax revenue collected.

KS HB2546

Reducing the state rate for sales and use taxes for sales of food and food ingredients and modifying the percent credited to the state highway fund from revenue collected.

KS HB2256

Decreasing the state rate for sales and use taxes for sales of food, food ingredients and prepared food and modifying the percent credited to the state highway fund from revenue collected.

KS SB429

Reducing the state rate of tax on sales of food and food ingredients to 0% on April 1, 2024.

KS HB2221

Expanding the eligible uses for the 0% state rate for sales tax for certain utilities and the levying of sales tax on such sales by cities and counties and authorizing cities and counties to exempt such sales from such city or county taxes.

KS HB2435

Decreasing the sales and use tax rate, establishing a 0% state rate for sales and use taxes for food and food ingredients, providing a sales tax exemption for children's diapers and feminine hygiene products, establishing the STAR bonds food sales tax revenue replacement fund and altering the calculation for STAR bond districts.

KS SB248

Providing sales tax exemptions for certain food and food ingredients and for the construction or repair of buildings used for human habitation by the Kansas state school for the blind and the Kansas state school for the deaf and repealing the state rate reduction for sales of certain food and food ingredients.

KS SB539

Simplifying income tax rates for individuals, increasing the standard deduction and the Kansas personal exemption, eliminating the income limit for the income tax subtraction modification exempting social security benefits, establishing a child tax credit, increasing the extent of property tax exemption for residential property from the statewide school levy, decreasing the privilege tax normal tax rate and establishing a 0% state rate for sales and use taxes for sales of food and food ingredients on July 1, 2024.

Similar Bills

No similar bills found.