Kansas 2023-2024 Regular Session

Kansas House Bill HB2474

Introduced
4/26/23  
Refer
4/26/23  

Caption

Making and concerning appropriations for FY 23 and FY 24 for the department of administration for an income tax rebate to certain Kansas resident taxpayers.

Impact

The bill aims to benefit a broad base of Kansas residents by offering direct financial support through tax rebates. However, it establishes specific eligibility requirements, notably ruling out individuals in correctional facilities and those without valid social security numbers. This targeted approach is designed to ensure that assistance reaches taxpayers who meet the essential criteria and have contributed to the state economy, helping to alleviate financial burdens for many during the current economic climate.

Summary

House Bill 2474 proposes significant appropriations for the fiscal years ending June 30, 2023, and June 30, 2024, specifically targeting Kansas resident taxpayers through an income tax rebate program. The bill allocates a substantial amount of $820 million from the state general fund for this purpose, illustrating the state's commitment to providing financial relief to its residents amidst economic challenges. Eligible taxpayers would receive rebates of $450 for single, head of household, and married filing separately statuses, while those married filing jointly would receive $900, contingent on their meeting certain residency and filing criteria.

Contention

While the intent behind HB 2474 may be seen as fundamentally supportive of Kansas residents, there are potential points of contention regarding eligibility and the scope of the rebates. The exclusion of certain individuals, particularly those in correctional facilities who might be in need of financial support, has raised questions about fairness and equity. Additionally, concerns may arise over the effective administration of the rebate process, including the verification of eligibility and the handling of administrative costs associated with processing the rebates.

Companion Bills

No companion bills found.

Previously Filed As

KS SB326

Making and concerning appropriations for FY 23 and FY 24 for the department of administration for an income tax rebate to certain Kansas resident taxpayers.

KS SB387

House Substitute for SB 387 by Committee on K-12 Education Budget - Making appropriations for the department of education for FY 24, FY 25 and FY 26 and enacting, revising and abolishing certain statutes relating to the educational system.

KS HB2802

Making and concerning certain supplemental appropriations for fiscal years 2024 and 2025 and appropriations for fiscal years 2025 and 2026 for various state agencies.

KS HB2082

Making and concerning certain supplemental appropriations for fiscal year 2025 and appropriations for fiscal years 2026 and 2027 for various state agencies.

KS SB68

Making and concerning certain supplemental appropriations for fiscal year 2025 and appropriations for fiscal years 2026 and 2027 for various state agencies.

KS HB2273

Substitute for HB 2273 by Committee on Appropriations - Making and concerning certain supplemental appropriations for fiscal years 2024 and 2025 and appropriations for fiscal years 2025 and 2026 for various state agencies.

KS SB28

Making and concerning supplemental appropriations for fiscal years 2024 and 2025 and appropriations for fiscal years 2025, 2026, 2027 and 2028 for various state agencies.

KS HB2457

Providing an income tax rate of 4.95% for individuals and decreasing the normal tax for corporations, increasing the income limit for the income tax subtraction modification for social security income and providing that all social security income qualifies for the subtraction modification commencing in tax year 2026, increasing the Kansas standard deduction for individuals and further increasing the standard deduction by a cost-of-living adjustment, discontinuing the food sales tax credit, decreasing the privilege tax surtax, establishing a 0% state rate for sales and use taxes for food and food ingredients on July 1, 2023, and increasing the extent of property tax exemption for residential property from the statewide school levy.

KS HB2184

Making and concerning appropriations for fiscal years 2023, 2024, 2025, 2026, 2027 and 2028 for various state agencies.

KS SB300

House Substitute for SB 300 by Committee on Taxation - Modifying income tax rates for individuals, increasing the standard deduction and the Kansas personal exemption, increasing the income limit for an income tax subtraction modification for social security income, increasing the extent of property tax exemption for residential property from the statewide school levy, decreasing the privilege tax normal tax rate, abolishing the local ad valorem tax reduction fund and the county and city revenue sharing fund, providing for certain transfers to the special city and county highway fund and decreasing the rate of ad valorem tax imposed by a school district.

Similar Bills

No similar bills found.