Session of 1999
By Committee on Taxation

  9             AN  ACT relating to income taxation; concerning credits therefrom for
10             dependent care expenses; amending K.S.A. 79-32,111a and repealing
11             the existing section.
13       Be it enacted by the Legislature of the State of Kansas:
14             Section  1. K.S.A. 79-32,111a is hereby amended to read as follows:
15       79-32,111a. (a) There shall be allowed as a credit against the tax liability
16       of a resident individual imposed under the Kansas income tax act an
17       amount equal to 25% of the amount of the credit allowed allowable
18       against such taxpayer's federal income tax liability pursuant to 26 U.S.C.
19       21 for the taxable year in which such credit was claimed against the tax-
20       payer's federal income tax liability.
21             (b) The credit allowed by subsection (a) shall not exceed the amount
22       of the tax imposed by K.S.A. 79-32,110, and amendments thereto, re-
23       duced by the sum of any other credits allowable pursuant to law.
24             (c) The provisions of this act shall be applicable to all taxable years
25       commencing after December 31, 1998.  
26       Sec.  2. K.S.A. 79-32,111a is hereby repealed.
27        Sec.  3. This act shall take effect and be in force from and after its
28       publication in the statute book.