The bill amends the tax credit for the low-income student scholarship program in Kansas by expanding eligibility criteria and increasing the tax credit for contributions made to the program. Notably, it eliminates the requirement that students must have been previously enrolled in public school to qualify for the scholarship. The definition of "eligible student" is broadened to include children who have not graduated high school or reached the age of 21, and who meet various criteria, such as having a family income below 250% of the federal poverty guidelines, being in foster care, or having a parent in the military or emergency services.

Additionally, the bill increases the tax credit percentage for contributions to scholarship granting organizations over the coming years, starting at 70% and potentially reaching 100% by 2025. It also establishes a mechanism for increasing the aggregate tax credit limit based on demand, allowing for a potential increase from $10 million to a maximum of $20 million. The bill repeals existing sections of the law that are being amended, ensuring that the new provisions take effect immediately upon publication in the statute book.

Statutes affected:
As introduced: 72-4353, 72-4352, 72-4357, 72-5132