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 tax credit for contributions made to the program and establishes conditions under which the aggregate tax credit limit can be raised. Specifically, the bill allows for educational scholarships of up to $8,000 per school year for eligible students, who now include those with family incomes at or below 250% of the federal poverty guidelines, as well as those who have been in foster care or have parents who are public safety officers.

Additionally, the bill modifies the tax credit structure, allowing a 70% credit for contributions made to scholarship granting organizations for certain tax years, increasing to 75% and eventually 100% in subsequent years. The total amount of credits allowed per tax year is raised from $10 million to $15 million, with provisions for further increases based on demand. The bill also repeals existing sections of law that are being amended, ensuring that the new provisions take effect following publication in the statute book.

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