Kansas House Approves Economic Stimulus Package

By: AP
By: AP

TOPEKA, Kan. (AP) _ The Kansas House has approved an economic stimulus and disaster relief package.

One bill rewrites corporate income tax laws.

It eliminates what some legislators see as loopholes for out-of-state corporations but lowers taxes for other firms. The state's top corporate income tax rate would drop half a percentage point.

The measure passed 109-13.

Another bill revises sales tax laws, with much of the relief going to nonprofit groups.

House members approved it, 96-26.

Both measures went to the Senate. Together, the bills phase in 58 million dollars' worth of tax reductions over five years. They provide an additional 33 million dollars in relief over the next three years to businesses in disaster-stricken areas.

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