Extends the Kansas angel investor tax credit through 2031 and increases the credit limit.

The bill extends the Kansas angel investor tax credit through 2031, allowing a credit of up to 50% of a cash investment in a qualified Kansas business. It increases the credit limit and allows the transfer of unused credits. The credit can be carried forward until the total amount is used, with specific annual limits set for different tax years. The bill also repeals the existing section and sets administrative fees for the program.

Extends the Kansas angel investor tax credit through 2031 and increases the credit limit.

The bill extends the Kansas angel investor tax credit through 2031, allowing a credit of up to 50% of a cash investment in a qualified Kansas business. It increases the credit limit and allows the transfer of unused credits. The credit can be carried forward until the total amount is used, with specific annual limits set for different tax years. The bill also repeals the existing section and sets administrative fees for the program.