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SENATE - BILL

SB 40

Permitting the carryforward of certain net operating losses for individuals for Kansas income tax purposes and excluding social security payments from household income and increasing the appraised value and household income thresholds for eligibility of seniors and disabled veterans related to increased property tax homestead claims.

Died

Bill Progress

Introduced
Committee
Committee Report
Floor Action
Opposite Chamber
Enrolled
Governor

Versions

Bill Supp. Note Fiscal Note
{As Amended by Senate Committee of the Whole}

Permitting the carryforward of certain net operating losses for individuals for Kansas income tax purposes and excluding social security payments from household income and increasing the appraised value and household income thresholds for eligibility of seniors and disabled veterans related to increased property tax homestead claims.

As Introduced

Permitting the carryforward of certain net operating losses for individuals for Kansas income tax purposes.

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Amendments, Committee Reports, & Conference Committee Reports

Committee Reports 1
Committee Report
Floor Amendments 1
Offered by Amendment
Sen. Caryn Tyson Tue, Mar 28, 2023

Legislative History

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Testimony & Minutes

Senate · Committee on Assessment and Taxation 3
Hearing Date Minutes Presenter Organization Topic PDF
Jan 26, 2023 View Amelia Kovar-Donohue SB 40 revisor's summary
Jan 26, 2023 View Kevan Acord BridgeBuilder Tax + Legal Services proponent web ex
Jan 26, 2023 View Daniel Murray National Federation of Independent Business SB 40 proponent verbal
House · Committee on Taxation 4
Hearing Date Minutes Presenter Organization Topic PDF
Jan 23, 2024 View Mike Kelly State Legislative Chair, Kansas Council of Chapters Proponent SB40
Jan 23, 2024 View Daniel Murray Kansas State Director, National Federation of Independent Business (NFIB) Proponent SB40
Jan 23, 2024 View Mark Tomb Vice President of Government Affairs, Kansas Association of Realtors SB40 Proponent
Jan 23, 2024 View Adam Siebers Assistant Revisor, Kansas Office of Revisor of Statutes Overview SB40

Identification

Bill No. SB 40
Chamber Senate
Requested By

Subjects

Sections Affected

Amended

K.S.A. 2022 Supp. 79-32,117

Effective Date

This act shall take effect and be in force from and after its publication in the statute book.
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