Kansas HB2189 amends income tax law to provide a subtraction modification for sales or taking of property subject to eminent domain.
Kansas HB2189 amends the state's income tax law to provide a subtraction modification for sales or taking of property subject to eminent domain. This bill modifies the Kansas adjusted gross income by adding or subtracting certain amounts related to the sale or taking of property under eminent domain. The changes affect how income from such property is treated for state tax purposes, ensuring that certain income is either excluded from or included in the state's taxable income.
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