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As Further Amended by Senate Committee
As Amended by Senate Committee
Session of 2025
SENATE BILL No. 74
By Committee on Assessment and Taxation
1-23
AN ACT concerning income taxation; relating to credits; providing a
refundable tax credit for expenditures for lockable gun and ammunition
storage; repealing unused tax credits relating to agritourism liability
insurance, assistive technology contributions, declared disaster
capital investment, environmental compliance, owners promoting
employment across Kansas and swine facility improvement ;
amending K.S.A. 65-7107 and repealing the existing section; also
repealing K.S.A. 79-32,204, 79-32,222, 79-32,262 and 79-32,266 and
K.S.A. 2025 Supp. 32-1438.
Be it enacted by the Legislature of the State of Kansas:
New Section 1. (a) For tax years 2025 2026 through 2027 2028, there
shall be allowed a credit against the tax liability of a resident individual
imposed under the Kansas income tax act in an amount equal to 25% of
the expenditures made by the individual during such tax year to purchase
lockable gun and ammunition storage that is designed primarily for gun
and ammunition storage. The amount of such credit allowed each tax year
shall not exceed $250 for any taxpayer.
(b) If the amount of the credit allowed by subsection (a) exceeds the
taxpayer's income tax liability imposed under the Kansas income tax act ,
such excess amount shall be refunded to the taxpayer for the tax year in
which the credit is allowed, the amount of credit that exceeds such tax
liability may be carried forward for deduction from the taxpayer's
income tax liability in the next succeeding tax year or years until the
total amount of the credit has been deducted from tax liability.
Sec. 2. On and after January 1, 2027, K.S.A. 65-7107 is hereby
amended to read as follows: 65-7107. (a) Appropriate state agencies are
hereby directed to amend their the state plans of such agencies to protect
the benefits of those families and individuals receiving such benefits by
adding language consistent with the following: Any funds in an
individual development account, including accrued interest, shall be
disregarded when determining eligibility to receive the amount of any
public assistance or benefits.
(b) A program contributor shall be allowed a credit against state
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SB 74—Fur. Am. by SC 2
income tax imposed under the Kansas income tax act in an amount equal
to 25% of the contribution amount.
(c) The institute shall verify all tax credit claims by contributors. The
administration of the community-based organization, with the cooperation
of the participating financial institutions, shall submit the names of
contributors and the total amount each contributor contributes to the
individual development account reserve fund for the calendar year. The
institute shall determine the date by which such information shall be
submitted to the institute by the local administrator. The institute shall
submit verification of qualified tax credits pursuant to K.S.A. 65-7101
through 65-7107, and amendments thereto, to the department of revenue.
(d) The total tax credits authorized pursuant to this section shall not
exceed $6,250 in any fiscal year.
(e) The provisions of this section shall be applicable to all taxable
years commencing after December 31, 2002.
(f) For tax year 2013 and all tax years thereafter, the income tax
credit provided by this section shall only be available to taxpayers subject
to the income tax on corporations imposed pursuant to subsection (c) of
K.S.A. 79-32,110, and amendments thereto, and shall be applied only
against such taxpayer's corporate income tax liability.
Sec. 3. On and after January 1, 2027, K.S.A. 65-7107, 79-32,204,
79-32,222, 79-32,262 and 79-32,266 and K.S.A. 2025 Supp. 32-1438 are
hereby repealed.
Sec. 2. 4. This act shall take effect and be in force from and after its
publication in the statute book.
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