There’s a new tax plan headed for debate in the Kansas House. A legislative committee has advanced a proposal that would focus on sales taxes to fill a budget hole of more than $400 million. Statehouse Reporter Stephen Koranda has more.
The bill relies mostly on increasing the Kansas sales tax rate from 6.15 percent to 6.85 percent. It also reduces or eliminates most tax deductions. Republican Representative Kasha Kelley, one of the plan’s authors, would prefer more spending cuts but says sales tax is another option.
The Sedgwick County Commission voted on Wendesday morning to delay any changes to the funding agreements with a number of area institutions. KMUW’s Sean Sandefur has more…
Business owners, non-profit leaders and parents came out in droves on Wednesday to testify in support of county-backed institutions, namely Exploration Place and the Sedgwick County Zoo.
Many of them were concerned that funding levels would take a dip when county officials draft a budget in the coming months. Susie Santo of Visit Wichita warned of the impact decreased funding would have to tourism.
A Kansas House committee has voted to undo part of the tax cuts that Governor Sam Brownback pushed.
The committee voted to reinstate some business income taxes, which were completely eliminated by the 2012 tax cut.
The bill would raise nearly $134 million during the next fiscal year.
The state would impose a 2.7 percent tax on most of the business owners' and farmers' profits, but income from rents and royalties would be taxed at 4.6 percent - mirroring the two income tax rates on wages.
Supporters of a broad bill that would ease marijuana laws that's making its way through the Kansas Legislature claim the bill is a narrow enough set of reforms that conservative Republicans can vote for it.
Supporters also say it demonstrates a shift in a long-running discussion.
The Republican-dominated House passed the bill by a wide margin Thursday.
It would decrease penalties for marijuana possession, launch a study of industrial hemp and legalize the limited production and sale of hemp oil for seizure treatments.
A Kansas House committee is preparing to debate proposals for raising taxes to erase the budget shortfall.
The Taxation Committee plans to discuss various revenue-raising proposals today. Legislative researchers say lawmakers must eliminate a $422 million deficit in the state budget for the fiscal year that begins July 1.
Budget problems arose after the Legislature aggressively cut personal income taxes at Gov. Sam Brownback's urging in 2012 and 2013 in an effort to stimulate the economy.
A divide between rural and urban lawmakers appears to be holding up work in the Senate’s tax committee. The panel has had two meetings where there was little agreement on tax plans. As Stephen Koranda reports, lawmakers are looking for ways to fill a budget gap of more than $400 million.
Senator Jeff Melcher is a Republican from Leawood in Johnson County. He says the Johnson County lawmakers on the tax committee will not support any major tax plans until another issue is settled.