This bill amends the existing income tax law in Kansas concerning credits for contributions to graduates of aerospace and aviation-related educational programs. Specifically, it extends the deadline for issuing or earning new credits from December 31, 2026, to December 31, 2036. This change aims to encourage continued investment in education and workforce development in the aerospace and aviation sectors.
Additionally, the bill repeals the existing section of K.S.A. 2025 Supp. 79-32,295, which is now updated to reflect the new deadline for credits. The act will take effect upon its publication in the statute book, ensuring that the new provisions are implemented promptly.
Statutes affected: As introduced: 79-32