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HB2642: Removing obsolete reference to global intangible low-taxed income provided for under the federal internal revenue code in determining Kansas adjusted gross income.
In CommitteeHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill removes an outdated reference to a type of income that's no longer used for calculating Kansas adjusted gross income. This change would simplify how Kansans report their income.
Who This Affects
Individuals and businesses in Kansas who file taxes will be affected by this change, as it streamlines the process for reporting income.
Key Provisions
• Removes an outdated reference to global intangible low-taxed income
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Timeline
Introduced
Monday, February 2, 2026
Last Action
Senate Hearing: Friday, March 13, 2026, 9:30 AM Room 548-S
Mar 12, 2026
Sponsors
No sponsors listed.
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