Establishing the veterans' valor property tax relief act providing an income tax credit or refund for eligible individuals and discontinuing the sales tax exemption for purchases made by certain qualifying military veterans.

Summary

The bill would give Kansas veterans who are totally disabled, permanently disabled, or unemployable a credit on their state income tax equal to 75% of the property taxes they paid on their main home. It also removes the sales‑tax exemption that certain qualifying veterans currently receive. If the credit is larger than the taxpayer’s income‑tax bill, the excess would be refunded.

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