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For Immediate Release: January 24, 2024 Contact: Grace Hoge [email protected]
Governor Kelly's Bipartisan Tax Plan Introduced in Kansas House and Senate
TOPEKA – Governor Laura Kelly celebrated today that the bipartisan tax cut package she rolled out earlier this month has been introduced in the Kansas House and Senate.
“The introduction of this bipartisan tax cut plan in both chambers is the first step toward putting money back in the pockets of hard-working Kansans,” Governor Laura Kelly said. “This comprehensive, fiscally responsible plan to cut property, sales, and retirement taxes benefits middle-class families — without putting at risk our public schools, roads, and stable economy.”
The tax plan, which saves Kansans more than $1 billion over three years:
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Cuts state property taxes for Kansas homeowners;
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Entirely eliminates state taxes on Social Security income;
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Increases the standard deduction so Kansans pay less when filing their state income taxes;
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Immediately axes the state sales tax on groceries, diapers, and feminine hygiene products;
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Provides relief for working families in need of child care; and
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Creates a back-to-school state sales tax holiday.
Kansans could begin to see the savings from this legislation, if passed, beginning in April.
The estimated fiscal impact of the bipartisan legislation, which cuts taxes for every Kansan while maintaining the state’s strong fiscal standing, can be found here.
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