Providing a rebate instead of an income tax credit for the high performance tax credit program and capping the maximum rebate provided.

Where it is in the process

Plain-English Summary

This bill changes how businesses receive tax benefits for investing in qualified facilities in Kansas. Instead of a tax credit, businesses may receive a rebate of up to 5% of their investment, paid out over five years. There is a maximum rebate of $5 million per project, and the rebate stops if the business closes or is sold.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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