KansasSB 2692025–2026 Regular SessionSenateWALLET

Providing that future income tax and privilege tax rate decreases be contingent on exceeding revenue estimates and retaining a certain amount in the budget stabilization fund.

Sponsored By: Committee on Assessment and Taxation

Became Law

house committee on taxationsenate committee on assessment and taxation

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Kansas tax cuts require strong state finances

Starting August 15, 2025, Kansas reviews two tests each year before cutting tax rates for the next tax year. Prior-year income and privilege tax collections must exceed the inflation-adjusted fiscal year 2024 base of about $5.97 billion. The Budget Stabilization Fund must also hold at least 15% of prior-year state tax receipts to the general fund. After budget officials certify both tests, the Secretary of Revenue calculates and publishes cuts based on the excess collections. Individual rates fall proportionally, stopping at 4% for both rates, with tax brackets and taxable-income thresholds adjusted. The law also sets combined-rate targets of 4% for corporations, 2.6% for banks, and 2.62% for trust companies and savings and loan associations. Cuts use 0.01-percentage-point increments and cannot go below these targets. Reduced rates remain in place unless this process lowers them again.

Sponsors & Cosponsors

Sponsor

  • Committee on Assessment and Taxation

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 748 • No: 190

Senate vote • 4/23/2026

Yea: 30 Nay: 10

Yes: 30 • No: 10

Senate vote • 4/23/2026

Yea: 123 Nay: 0

Yes: 123 • No: 0

Senate vote • 4/23/2026

Yea: 40 Nay: 0

Yes: 40 • No: 0

Senate vote • 4/23/2026

Yea: 87 Nay: 37

Yes: 87 • No: 37

Senate vote • 4/23/2026

Yea: 30 Nay: 10

Yes: 30 • No: 10

Senate vote • 4/23/2026

Yea: 84 Nay: 38

Yes: 84 • No: 38

House vote • 4/10/2025

Motion to override veto prevailed

Yes: 87 • No: 37

Senate vote • 4/10/2025

Motion to override veto prevailed

Yes: 30 • No: 10

Senate vote • 3/27/2025

Conference Committee Report was adopted

Yes: 30 • No: 10

House vote • 3/26/2025

Conference Committee Report was adopted

Yes: 84 • No: 38

House vote • 3/19/2025

Emergency Final Action - Passed as amended

Yes: 123 • No: 0

Actions Timeline

  1. Enrolled and presented to Governor on Monday, March 31, 2025

    4/10/2025Senate
  2. Vetoed by Governor; Returned to Senate on Wednesday, April 9, 2025

    4/10/2025Senate
  3. Motion to override veto prevailed; Yea 30, Nay 10

    4/10/2025Senate
  4. Motion to override veto prevailed; Yea 87, Nay 37, Absent 1

    4/10/2025House
  5. Conference Committee Report was adopted; Yea 30, Nay 10

    3/27/2025Senate
  6. Conference Committee Report was adopted; Yea 84, Nay 38, Absent 3

    3/26/2025House
  7. Conference committee report now available

    3/26/2025House
  8. Conference committee report now available

    3/25/2025House
  9. Conference Committee Report agree to disagree adopted; Rep. Adam Smith, Rep. Carl Turner and Rep. Tom Sawyer appointed as second conferees

    3/25/2025House
  10. Conference Committee Report agree to disagree adopted; Sen. Caryn Tyson, Sen. Virgil Peck and Sen. Ethan Corson appointed as second conferees

    3/25/2025Senate
  11. Nonconcurred with amendments; Conference Committee requested; appointed Sen. Caryn Tyson, Sen. Virgil Peck and Sen. Ethan Corson

    3/24/2025Senate
  12. Motion to accede adopted; Rep. Adam Smith, Rep. Carl Turner and Rep. Tom Sawyer appointed as conferees

    3/24/2025House
  13. Committee of the Whole - Committee Report be adopted

    3/19/2025House
  14. Committee of the Whole - Be passed as amended

    3/19/2025House
  15. Motion to advance to Emergency Final Action adopted

    3/19/2025House
  16. Emergency Final Action - Passed as amended; Yea 123, Nay 0, Absent 2

    3/19/2025House
  17. Committee Report recommending bill be passed as amended by House Committee on Taxation

    3/14/2025House
  18. Hearing: Wednesday, March 12, 2025, 3:30 PM — Room 346-S

    3/12/2025House
  19. Received and Introduced

    3/7/2025House
  20. Referred to House Committee on Taxation

    3/7/2025House
  21. Consent Calendar Passed

    3/6/2025Senate
  22. Committee Report recommending bill be passed and placed on Consent Calendar by Senate Committee on Assessment and Taxation

    3/3/2025Senate
  23. Hearing: Wednesday, February 26, 2025, 9:30 AM — Room 548-S

    2/26/2025Senate
  24. Referred to Senate Committee on Assessment and Taxation

    2/14/2025Senate
  25. Introduced

    2/13/2025Senate

Bill Text

  • As Amended by House Committee on Taxation

  • As Introduced

  • Enrolled

Related Bills

Back to State Legislation