Kansas SB39 establishes the Kansas Legal Tender Act, reaffirms gold and silver coin as legal tender, and modifies income tax for gains from specie.

Kansas SB39, the Kansas Legal Tender Act, reaffirms gold and silver coin as legal tender and defines "specie" as coin or bullion with gold or silver content. It prohibits taxing specie as personal property and disallows tax liability from exchanging legal tender. The act modifies Kansas income tax by excluding certain deductions and adding specific income sources. It also provides for income tax subtractions for certain expenses and contributions, including those related to education, healthcare, and organ donations.

Kansas SB39 establishes the Kansas Legal Tender Act, reaffirms gold and silver coin as legal tender, and modifies income tax for gains from specie.

Kansas SB39, the Kansas Legal Tender Act, reaffirms gold and silver coin as legal tender and defines "specie" as coin or bullion with gold or silver content. It prohibits taxing specie as personal property and disallows tax liability from exchanging legal tender. The act modifies Kansas income tax by excluding certain deductions and adding specific income sources. It also provides for income tax subtractions for certain expenses and contributions, including those related to education, healthcare, and organ donations.