Brief(1)
H.B. 2226 would expand and enhance income tax credits pursuant to K.S.A. 79-32,201 such that the credits would be available to taxpayers who make expenditures for alternative-fuel fueling stations, as well as qualified alternative-fueled motor vehicles. A loan program for such vehicles pursuant to K.S.A. 75-37,116 et seq., also would be expanded.
Background
A fiscal note from the Department of Revenue indicated that the income tax credit enhancements could be expected to reduce receipts by an additional $0.165 million in FY 2000.
1. *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 http://www.ink.org/public/legislative/bill_search.html