SESSION OF 2021
SUPPLEMENTAL NOTE ON SENATE BILL NO. 46
As Amended by Senate Committee on
Assessment and Taxation

Brief*
SB 46, as amended, would, beginning in tax year 2021,
exempt amounts received by retired individuals under all
retirement plans from the Kansas income tax to the extent
such income is included in federal adjusted gross income.

Background
The bill was introduced by the Senate Committee on
Assessment and Taxation at the request of a representative
of the Kansas Policy Institute.

Senate Committee on Assessment and Taxation
In the Senate Committee hearing, a representative of
the Kansas Policy Institute testified as a proponent on the
bill, stating the bill would create tax equity across differing
types of retirement income and provide tax relief to retired
Kansans. No other testimony was provided.
The Senate Committee amended the bill to eliminate a
provision that would have required the retirement plans to be
employer-sponsored in order to qualify for the exemption.


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*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
Fiscal Information
The Department of Revenue estimates the bill, as
amended, would reduce State General Fund receipts by
$213.4 million in FY 2022, $215.6 million in FY 2023, and
$217.7 million in FY 2024. Any fiscal effect associated with
enactment of the bill is not reflected in The FY 2022
Governor’s Budget Report.
Taxation; income tax; retirement income


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Statutes affected:
As introduced: 79-32
As Amended by Senate Committee: 79-32