SESSION OF 2020
SUPPLEMENTAL NOTE ON SENATE BILL NO. 140
As Amended by Senate Committee of the Whole

Brief*
SB 140, as amended, would authorize for tax years
2020-2024 nonrefundable income or financial institutional
privilege tax credits equivalent to 50.0 percent of certain
contributions to the Eisenhower Foundation. Credits would be
capped at $25,000 for any individual income taxpayer and at
$50,000 for any corporation income or financial institution
privilege taxpayer. The total amount of credits claimed in any
fiscal year would be limited to $350,000.

Background
The bill was introduced by Senators Hardy, Bowers, and
Wilborn.
In the hearing of the Senate Committee on Assessment
and Taxation on February 19, 2019, proponents included
Senator Hardy, Senator Wilborn, representatives of the
Eisenhower Family and the Eisenhower Foundation, and a
private citizen from Berryton. Written-only neutral testimony
was received from a representative the Hall Family
Foundation, explaining that such entity had already
committed $2.5 million to updating the Eisenhower Museum
in Abilene.
The bill, as introduced, would have provided a 70.0
percent nonrefundable income tax credit for all tax years
beginning in tax year 2019. The Senate Committee amended
the bill on February 25, 2019, to sunset the tax credits after
____________________
*Supplemental notes are prepared by the Legislative Research
Department and do not express legislative intent. The supplemental
note and fiscal note for this bill may be accessed on the Internet at
http://www.kslegislature.org
tax year 2023, reduce from 70.0 percent to 50.0 percent the
amount of contributions eligible to qualify, and extend the
availability of the credits to privilege taxpayers.
The Senate Committee of the Whole amended the bill
on March 3, 2020, to change the tax years for which the
credits would be available from 2019-2023 to 2020-2024.
A fiscal note prepared by the Division of the Budget on
the bill, as introduced, anticipated State General Fund
receipts would be reduced by $350,000 each year beginning
in FY 2020. A fiscal note on the amended bill was not
immediately available.


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