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Bill > HB2791


KS HB2791

KS HB2791
Imposing a 3% excise tax on all sports wagers, distributing the proceeds of such tax to the state school district finance fund and decreasing the statewide property tax levy for school districts by 1.5 mills.


summary

Introduced
03/04/2026
In Committee
03/04/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning gaming; relating to sports wagering; imposing an excise tax on all sports wagers at a rate of 3% of the amount wagered; creating the public education fund and the sports wagering privilege tax refund fund; transferring the proceeds of such tax to the state school district finance fund; decreasing the statewide property tax levy for school districts by 1.5 mills; amending K.S.A. 72-5133 and K.S.A. 2025 Supp. 72-5142 and 74-8733 and repealing the existing sections.

AI Summary

This bill imposes a 3% excise tax, referred to as a privilege tax, on all sports wagers placed in Kansas, with the collected revenue directed to a newly established public education fund. This fund will then be used to support the state school district finance fund, which provides funding for public schools, and to cover any refunds for the sports wagering privilege tax. Concurrently, the bill reduces the statewide property tax levy for school districts by 1.5 mills, specifically lowering the rate from 20 mills to 18.5 mills for the 2026-2027 school year, thereby aiming to offset some of the property tax burden on taxpayers while increasing funding for education through sports wagering.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Taxation (House)

Last Action

House Referred to Committee on Taxation (on 03/04/2026)

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