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AI Summary: The bill aims to adjust the taxable income thresholds for calculating Kansas state income taxes based on the cost of living. This adjustment would likely lead to higher income thresholds before individuals are required to pay taxes, providing relief for taxpayers as their incomes increase with inflation. The main impact of this bill would be reducing the tax burden on individuals by accounting for rising living costs.
Latest Action: House Introduced
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Actions (3):
2023-02-13 : House Introduced
2023-02-13 : House Referred to Committee on Taxation
2024-04-30 : House Died in Committee
Democrat Republican