Jan. 08 – Jan. 12, 2024
The 2024 Kansas legislative session began on January 8, and we were honored to be at the capitol throughout the week to greet new members and welcome back returning legislators on your behalf. This year marks the second year of our legislative biennium, meaning all bills introduced in 2023 will still be alive and actionable, in addition to any new bills introduced this year.
Jan. 15 – Jan. 19, 2024
This week, while many new bills were being introduced, the Kansas legislature’s main focus was on assembling a tax bill to send to Governor Laura Kelly. On Thursday, lawmakers passed Conference Committee Report on House Bill 2284which includes a single (5.25 percent) income tax rate on individuals, an increase to the standard deduction, residential property tax relief and a 0 percent sales tax rate on food beginning in April of this year.
Jan. 22 – Jan. 26, 2024
This week, the Kansas legislature sent its tax bill, House Bill 2284, to Governor Laura Kelly for consideration, who on Friday afternoon, vetoed the legislation. The bill proposed a single income tax rate at 5.25 percent (rather than the current two rates), along with exemptions on the first $6,150.00 in income for individuals and $12,300.00 for couples. Additionally, it would have increased the standard deduction, provided residential property tax relief, and created a 0 percent sales tax rate on food beginning in April. The bill would have cost the state $1.6 billion in lost revenues over the first three years.
Jan. 29 – Feb. 02, 2024
Following Governor Laura Kelly’s swift veto of the Republican tax bill, House Bill 2284, legislative leadership worked this week to whip together sufficient votes for an override effort which will require a 2/3 supermajority vote in both the House and the Senate. The bill includes many provisions, but the key element distinguishing the bill from Governor Kelly’s tax plan is the inclusion of a single rate income tax at 5.25 percent (currently two rates exist). This provision was the cause of the governor’s veto. The bill would cost the state $1.6 billion in lost revenues over the first three years. An override vote is likely to be taken up by the House on Tuesday, February 6.
Feb. 05 – Feb. 09, 2024
The Republican-majority legislature failed, this week, to take up an override vote on Governor Kelly’s veto of the tax bill, House Bill 2284. That vote is expected to come early next week. Whether, or in what form, tax relief is passed this year is still an unanswered question. This week, committees continued hearings on unemployment insurance legislation, workers compensation max benefits, various tax bills, and other issues. One issue gaining momentum in Kansas, and other states, is the issue of limiting foreign investment in real property in the state. A handful of bills have been introduced that could potentially affect a wide swath of Kansas industry and commerce.
Feb. 12 – Feb. 16, 2024
The Legislature, again this week, failed to take up an override vote on Governor Laura Kelly’s veto of the tax bill House Bill 2284. That vote to override will need to come by the end of next week or the governor’s veto of the bill will be sustained. Committees this week approved and advanced bills before multiple days of floor debate begin next week as we near the legislative ‘turnaround’. In both chambers, various bills have now been introduced that would limit foreign investment in real property in the state. As the issue has broad support in the legislature, stakeholder groups continue to meet to discuss the measures.
Feb. 19 – Feb. 23, 2024
In a flurry of floor debate on Wednesday and Thursday of Turnaround week, the House and Senate voted on dozens of bills. In addition, the legislature finally attempted an override this week of Governor Laura Kelly’s veto of House Bill 2284, the legislature’s tax bill that includes a single-rate personal income tax. The House failed, by three votes, to override the veto. While the House can take another attempt at the override, through a motion to reconsider, the veto is likely to be sustained. Should this occur, the legislature will need to determine its next steps on assembling and passing tax relief this year. Legislators will want to be able to stump on having provided tax relief when campaigning for re-election this summer.