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KS HB2466

KS HB2466
Extending the sunset for the angel investor tax credit to 2031.


summary

Introduced
01/15/2026
In Committee
02/12/2026
Crossed Over
02/11/2026
Passed
Dead

Introduced Session

Potential new amendment
2025-2026 Regular Session

Bill Summary

AN ACT concerning economic development; relating to income tax credit incentives; extending the sunset for the angel investor tax credit to 2031; amending K.S.A. 2025 Supp. 74-8133 and repealing the existing section.

AI Summary

This bill extends the sunset date for the angel investor tax credit in Kansas from 2026 to 2031, meaning this incentive for individuals investing in qualified Kansas businesses will remain in effect for an additional five years. The angel investor tax credit allows investors to receive a credit against their Kansas income tax for a portion of their cash investment in qualifying Kansas businesses, encouraging economic development by providing capital to these companies. The bill also makes conforming changes to the language regarding the transferability and limitations of these credits, ensuring the program's continued operation and administration through fees paid by businesses and investors.

Committee Categories

Business and Industry

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Commerce, Labor and Economic Development (House)

Last Action

Senate Referred to Committee on Commerce (on 02/12/2026)

bill text


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