Kansas governor signs tax bill that forced legislature into overtime
June 14, 2013
By Greg Janetka
TOPEKA, Kansas: Gov. Sam Brownback (R) signed a tax bill into law yesterday that took legislators 11 plans to finally reach a compromise. The final plan, which Republicans say is a tax reduction while Democrats argue it's actually a tax increase, took lawmakers well past their scheduled session end date of May 23. In the wee hours of June 2 the two sides finally agreed, with the bill passing the Senate 24-13 and the House 69-45.[1][2]
How could the end result of the bill be unclear? The bill lowers the current sales tax rate from 6.3 percent to 6.15 percent. However, it had been scheduled to drop to down to 5.7 percent next month. The bill also cuts income taxes gradually from 2014 to 2018, cuts itemized and standard deductions, and provides for further tax cuts based on revenue growth above 2 percent starting in 2019.[3]
See also
|
- Kansas legislators reach impasse over tax issues May 8, 2013
- Kansas legislators head into overtime as tax issues remainMay 25, 2013
Footnotes
| |||||
