Providing for transferability of Kansas housing investor tax credits from the year that the credit was originally issued.
Died in Committee
Summary
The bill would let qualified investors, developers and any subsequent buyers transfer Kansas housing investor tax credits to other taxpayers, and any unused portion could be carried forward for up to four years. It retains existing credit limits per housing unit and an overall annual cap, and applies the rules retroactively to credits issued beginning in tax year 2022. The measure failed to advance and died in committee.
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