This bill amends the tax credit for the low-income student scholarship program in Kansas, expanding eligibility by removing the requirement that students must have been previously enrolled in public school. It increases the maximum educational scholarship amount to $8,000 per school year and allows for a gradual increase in the aggregate tax credit limit under certain conditions. The bill also introduces new definitions and clarifications regarding eligible students, including those who have been in foster care, have parents in the military or public safety roles, and those with disabilities.

Additionally, the bill modifies the tax credit structure for contributions to scholarship granting organizations, increasing the percentage of the contribution that can be claimed as a tax credit from 70% to 75% for certain tax years, and eventually to 100% for contributions made after December 31, 2024. The overall cap on tax credits allowed per year is raised from $10 million to $15 million, with provisions for further increases based on demand. The bill repeals existing sections of law that are replaced by these amendments, ensuring a streamlined approach to the scholarship program and its funding mechanisms.

Statutes affected:
As Introduced: 72-4353, 72-4352, 72-4357, 72-5132
As Amended by Senate Committee on Education: 72-4353, 72-4352, 72-4357, 72-5132
{As Amended by Senate Committee of the Whole}: 72-4353, 72-4352, 72-4357, 72-5132
As Amended by House Committee on Education: 72-4353, 72-4352, 72-4357
As introduced: 72-4353, 72-4352, 72-4357, 72-5132
As Amended by Senate Committee: 72-4353, 72-4352, 72-4357, 72-5132
As Amended by House Committee: 72-4353, 72-4352, 72-4357