Liberal, KS

Now: 66 °

Currently: Clear

Hi: 89 ° | Lo: 66 °

Kansas House Bypasses Tax Deal, Passes Bigger Cuts

KSCB News - May 9, 2012 4:27 pm

The Kansas House has bypassed a compromise plan for reducing income and sales taxes and instead approved larger cuts, sending them to Gov. Sam Brownback.

The House voted 64-59 for legislation cutting individual income tax rates, exempting 191,000 businesses from income taxes and reducing the sales tax to 5.7 percent in July 2013 from its present 6.3 percent.

The measure would to provide $233 million in tax relief for the fiscal year beginning July 1, with the figure growing to $911 million after four years.

The Legislature’s research staff also said the plan approved by the House would create a budget shortfall of more than $2.7 billion by July 2017.

The Senate had previously approved the package. The House acted before senators could vote on a less aggressive alternative.

 

Latest Stories

New SCCC instructor recruiting for Saints Pep Band

by Rachel Coleman LIBERAL, Kan. — Claire Thompson started college with the goal of becoming a...

The Sandlot in Liberal this Friday

Victor DiMatti and Shane Obedzinski, “Timmy and Tommy Timmons”, Grant Gelt “Bertram” and Brandon Adams, “DeNunez”,...

Guymon Man Arrested on Multiple Charges

On July 7th, a Texas County deputy sheriff initiated a traffic stop on Highway 54 at...

 
KSCB Radio News