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SB227: Providing for different credit percentages for the tax credit for expenditures for the restoration and preservation of historic structures based on city populations and the amount of the expenditures.
Passed BothSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill changes the tax credit for restoring historic buildings. The amount of the credit depends on the city's population and how much is spent on restoration.
Who This Affects
This affects Kansans who own or are involved in restoring historic structures in cities with different populations. They can get a bigger or smaller tax break depending on where they're located.
Key Provisions
• The tax credit percentage varies based on city population
• The amount spent on restoration also affects the credit percentage
• This law applies to expenditures for restoring and preserving historic structures
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Timeline
Introduced
Wednesday, February 5, 2025
Last Action
Senate Approved by Governor on Tuesday, April 8, 2025
Apr 9, 2025
Sponsors
No sponsors listed.
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