SESSION OF 2025
SUPPLEMENTAL NOTE ON HOUSE BILL NO. 2387
As Amended by House Committee on Taxation
Brief*
HB 2387, as amended, would extend the sunsets on tax
credits for contributions to the Friends of Cedar Crest
Association and the Eisenhower Foundation from December
31, 2025, to December 31, 2026.
Background
The bill was introduced by the House Committee on
Taxation at the request of a representative of the Friends of
Cedar Crest Association.
House Committee on Taxation
In the House Committee hearing, proponent testimony
was provided by representatives of the Friends of Cedar
Crest Association and the Eisenhower Foundation. The
proponents generally stated the credits encourage donors to
support the mission of the benefiting organizations and
requested the addition of the extension of the sunset for the
credit for the Eisenhower Foundation.
No other testimony was provided.
The House Committee amended the bill to include the
extension of the credit for the Eisenhower Foundation.
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*Supplemental notes are prepared by the Legislative Research
Department and do not express legislative intent. The supplemental
note and fiscal note for this bill may be accessed on the Internet at
https://klrd.gov/ Fiscal Information
According to the Department of Revenue, enactment of
the bill, as amended, would reduce State General Fund
receipts by $700,000 per year for 10 years beginning in FY
2027. Any fiscal effect associated with enactment of the bill is
not reflected in The FY 2026 Governor’s Budget Report.
Taxation; tax credits; Friends of Cedar Crest Association; Eisenhower Foundation
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