HB2058

Increases income eligibility for the senior relief income tax credit in Kansas.

This bill amends the Kansas income tax act to increase the income eligibility for the selective assistance for effective senior relief income tax credit. It raises the household income limit to 120% of the federal poverty level for two persons, and adjusts this limit annually based on the cost-of-living adjustment. The credit provides a refund for property and ad valorem taxes paid on residential property used as the taxpayer's principal residence.