The bill amends Kansas income tax law to provide additional personal exemptions for taxpayers, particularly benefiting head of household filers and certain disabled veterans. Specifically, it introduces an additional personal exemption of $2,320 for individuals filing as head of household and increases the personal exemption for disabled veterans receiving 100% disability compensation from $2,250 to $2,320 for tax year 2025 and beyond. The bill also modifies the definition of household income and raises the income and appraised value thresholds for eligibility for homestead property tax refund claims for seniors and disabled veterans.

Furthermore, the bill establishes new eligibility criteria for homestead property tax refunds, including a household income limit of $50,000 for tax years 2022, 2023, and 2024, which will increase to $80,000 for tax year 2025 and thereafter. It also sets appraised value thresholds for homesteads at $350,000 for base years 2021, 2022, and 2023, and $450,000 for base year 2024 and beyond. The bill repeals existing sections of the law that are being amended, ensuring that the new provisions take effect following their publication in the statute book.

Statutes affected:
As introduced: 79-32
As Amended by House Committee: 79-32
As Amended by Senate Committee: 79-32, 79-4508a