summary
Introduced
01/30/2026
01/30/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
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 the tax credit for individuals who invest cash in qualified Kansas businesses will remain available 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 investment in qualifying Kansas businesses, encouraging economic development by providing incentives for early-stage investment. The bill amends K.S.A. 2025 Supp. 74-8133, which outlines the details of this tax credit, including limitations on the amount of credit allowed per business and per investor, and also allows for the transfer of unused credits.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Commerce (Senate)
Last Action
Senate Committee Report recommending bill be passed by Committee on Commerce (on 02/16/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://kslegislature.gov/li/b2025_26/measures/sb429/ |
| Senate Committee on Commerce Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2026_sb429_s_3746.pdf |
| Analysis - Supplemental Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_sb429_00_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_sb429_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/sb429_00_0000.pdf |
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