Kansas HB 2421: Providing income tax modifications for global intangible low-taxed income, business interest, capital contributions, FDIC premiums, business meals and payment protection program loans and expenses; expanding the expense deduction availability to income tax taxpayers and calculating the deduction amount; allowing an individual to itemize deductions in Kansas despite not itemizing on their federal return; and exempting from income compensation attributable to unemployment insurance ID fraud.

Status: Died in Committee (as of 2022-05-23)

State: Kansas · Session: 2021-2022 · Bill: HB 2421

Sponsors: Committee on Taxation

View Kansas HB 2421 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.