SB75

Kansas SB75 establishes an education opportunity tax credit for taxpayers with dependent children not enrolled in public school.

Kansas SB75 creates an education opportunity tax credit for taxpayers with eligible dependent children not enrolled in public school. The credit amount varies based on the type of school the child attends, with $8,000 for accredited private schools and $4,000 for nonaccredited private schools. The bill outlines specific provisions for calculating the credit, including modifications to federal adjusted gross income and conditions for eligibility. It also details the process for taxpayers to claim the credit and the responsibilities of the Department of Revenue in administering the credit.