Session of 1999
HOUSE BILL No. 2030
By Representatives Powell, Palmer and Sharp
9 AN ACT relating to income taxation; allowing a credit therefrom for cer-
10 tain motor vehicle taxes.
12 Be it enacted by the Legislature of the State of Kansas:
13 Section 1. (a) There shall be allowed as a credit against the tax lia-
14 bility of a taxpayer imposed under the Kansas income tax act a percentage
15 amount of the tax which is levied upon motor vehicles pursuant to the
16 provisions of K.S.A. 79-5101 et seq., and amendments thereto, and which
17 is actually paid during an income tax year as determined in accordance
18 with the following schedule. No credit shall be allowed for any interest
19 which was payable pursuant to K.S.A. 79-5114, and amendments thereto.
20 Tax Years Percentage amount
21 1999 25%
22 2000 50%
23 2001 75%
24 2002, and all tax years thereafter 100%
25 (b) If the amount of the credit allowed by subsection (a) exceeds the
26 taxpayer's income tax liability for the taxable year, such excess amount
27 shall be refunded to the taxpayer.
28 Sec. 2. This act shall take effect and be in force from and after its
29 publication in the statute book.