Legislators debate property tax relief circuit breaker
Revenue Secretary Ed Rolfs told a Senate committee that regulations will follow after a commercial circuit breaker bill passes to cap costs at 42.7 million. Gov Hayden backs a residential circuit breaker and a constitutional fix, while legislators worry about post passage rules.
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Topeka
Kan
Ed Rolfs
Senate
Ways and Means
Rolfs
Mike Hayden
Wint Winter Jr
Lawrence
Leroy Hayden
Dsantanta
Legislative Highlights: Local Income Tax and Education Reform
The House Taxation Committee introduced a bill to allow local school districts to levy local income taxes to reduce reliance on property taxes for K-12 schools. Support comes from Speaker Jim Braden and Chairman Keith Roe. Senate critics call the circuit-breaker costs potentially far higher than proposed. Members question a Kansas Inc study on reappraisal and assess valuation changes. A new bill would add checkoffs for Special Olympics and amateur sports. Senate leaders plan education restructuring bills to expand parental and community responsibility.
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Associated Press
House Taxation Committee
Jim Braden
Keith Roe
Ed Rolfs
Hayden
Senate Ways and Means
House
Kansas Inc
Johnson County
Senate
Fred Kerr
Kerr
Printing gool causes tax filing mail mix up in IRS note
Washington AP reports a printing error sent 566000 taxpayers to the wrong return envelope. The IRS says refunds won’t be delayed and filers may use or replace the envelope. The issue affects about 0.5 percent of 107 million packages, tied to Package 1 contents.
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Washington
Internal Revenue Service
Pyrek
IRS
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