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Minutes for SB37 - Committee on Financial Institutions and Insurance
Short Title
Expanding the transferability of income, privilege and premium tax credits issued under the Kansas housing investor tax credit act.
Minutes Content for Wed, Feb 8, 2023
Eileen Ma, (ROS), presented a bill brief. (Attachment 18) Chairperson Longbine called for proponents' testimony.
Oral Proponents:
Senator Rob Olson, 23rd District, Olathe, Kansas (Attachment 19)
Ross Vogel, Heartland Housing Partners (Attachment 20)
Allie Devine, on behalf of Kansas Farm Bureau, Kansas Corn Growers Association, Sunflower Electric Power Corporation, and Northwest Kansas Economic Innovation Center (Hereinafter “Coalition”) (Attachment 21)
Brad Smoot, for American Property Casualty Insurance Association (Attachment 22)
The Chairperson called attention to the written-only proponent testimony.
Written-Only Proponents:
Cory Haag, Haag Development Company, Emporia, Kansas (Attachment 23)
Chris Hite, CEO, Sugar Creek Capital, St. Louis, Missouri (Attachment 24)
Mark Tomb, Vice President, Governmental Affairs, Kansas Association of Realtors (Attachment 25)
Alex Orel, Sr. Vice President, Government Relations, Kansas Bankers Association (Attachment 26)
Rachel Willis, Director of Legislative Affairs, Kansas Department of Commerce (Attachment 27)
The proponents answered questions from Chairperson Longbine, Senators Pittman, Gossage and Olson. The Chairperson drew attention to the written-only opponent testimony of Michael Austin.
Written-Only Opponents:
Michael Austin, Legislative Director, Americans for Prosperity Kansas (Attachment 28)
The Chairperson called on Mr. Vincent for his oral neutral testimony.
Oral Neutral Testimony:
Ryan Vincent, Executive Director, Kansas Housing Resources Corporation (Attachment 29)
There being no other questions or comments, and no other proponent, opponent, or neutral testimony submitted, the Chairperson closed the hearing on SB37.
The meeting adjourned at 10:20 am. The next scheduled meeting is Thursday, February 9, 2023, at 9:30 am in Room 546-South of the Capitol.
