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KS Senate, House, approved tax plan Tuesday

By Brian Hagen

06/18/2024

(MSC News)--The Kansas Senate and House approved the new tax compromise plan after several rounds of proposals.

The state Senate sent the new tax plan bill to the House chamber after about an hour-and-a-half on Tuesday, June 18. The vote was a rare, bipartisan 34-4 in the Senate.

A statement, following approval of the bill, was issued by Kansas Senate President Ty Masterson and House Speaker Dan Hawkins, who call it "long overdue tax relief for all Kansans," saying that "seniors will greatly benefit from the elimination of the tax on Social Security," while "a simplified, lower, dual-income tax rate with expanded deductions and exemptions will provide immediate relief for all hardworking Kansans," while "lower-income families receive a significant break by eliminating their income tax burden altogether," with "the higher property tax exemption for homeowners and the increased child tax credit [to] also greatly benefit Kansas families."

The proposed tax plan will now go to Governor Kelly- desk for her signature.

The special session was called after Kelly vetoed previous attempts at approving a tax plan.

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