Providing for the apportionment of business income by manufacturers of alcoholic liquor depending on whether the taxpayer is a qualifying Kansas investor or a general manufacturer.

Summary

The bill rewrites Kansas’s rules for apportioning out‑of‑state business income, adding optional election methods and a specific formula for manufacturers of alcoholic liquor. It covers railroads, motor carriers, telecoms, distressed‑area firms, investment‑fund service corporations, large new investors, and all other taxpayers. Most of the changes become effective for tax years beginning in 2027.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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