Governor signs bills for tax cuts and luring Chiefs, Royals

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WICHITA, Kan. (KSNW) – Kansas Gov. Laura Kelly has signed legislation to provide tax cuts for Kansans.

The Kansas Legislature voted on Tuesday to pass the tax cut bill, which cuts income and property taxes by $1.23 billion over the next three years. The bill also eliminates the state tax on Social Security income and increases the standard deduction and Child and Dependent Care Tax Credit.

“I appreciate the Legislature’s quick work to pass this tax relief package. Senate Bill 1 provides significant tax relief while preserving our ability to continue fully funding our public schools, roads and bridges, and State Water Plan,” Kelly said.

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Kelly also announced she signed the bill to lure the Kansas City Chiefs and Major League Baseball’s Kansas City Royals away from Missouri. The legislature approved the measure Tuesday to authorize STAR bonds to help finance new stadiums and practice facilities for both teams on the Kansas side of the metropolitan area. The teams say they look forward to considering Kansas options.

Following the announcement, Senate President Ty Masterson and House Speaker Dan Hawkins
issued the following statements:

Senate Bill No. 1

“Broad property and income tax relief is now officially on its way to every Kansan. While we firmly believe more relief could have and should have been included in this bill, it is an important first step toward putting Kansas in the best position for economic growth. When we return in January, we plan to build on this momentum with a focus on providing property tax relief for every Kansan.”

House Bill No. 2001

“Kansas’ unique STAR Bond tool now provides an additional option for the Kansas City Chiefs and Royals to remain in the Kansas City region without raising taxes to fund new, state-of-the-art stadium complexes for the teams. This exciting, once-in-a-lifetime opportunity holds unlimited potential for both our state and for Chiefs and Royals fans everywhere.”

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