Governor Kelly Ceremonially Signs
Responsible Tax Cuts Package in Hiawatha, Holton
HOLTON— Today, Governor Laura Kelly ceremonially signed Senate Bill 1 in Hiawatha and Holton. The bill provides responsible tax cuts for all Kansans without threatening the state’s long-term fiscal health.
“This tax cuts package provides meaningful relief for hardworking Kansans while preserving our ability to continue fully funding our essential services and infrastructure,” Governor Laura Kelly said. “Now, because we have responsibly budgeted, Kansans will see significant tax cuts without sending us back to an era of fiscal shortfalls.”
Senate Bill 1, passed with bipartisan support, provides nearly $2 billion in tax cuts for Kansans over the next 5 years. The bill reduces property taxes by increasing the residential property tax exemption to $75,000, saving residential property owners more than $236 million over 5 years.
The bill also eliminates state taxes on Social Security income, saving Kansas retirees $152 million in the first year alone. Additionally, the bill reduces income taxes and increases the standard deduction and Child and Dependent Care Tax Credit.
“Throughout my time in the Legislature, I have championed meaningful tax cuts for Kansans,” said Kansas State Senator Dennis Pyle, District 1. “Eliminating the state tax on Social Security income has been a long-time goal of mine. I am thankful this is finally a reality for seniors in Kansas thanks to Senate Bill 1.”
Photos from Governor Kelly’s ceremonial signing in Hiawatha are available for media use:
Photos from Governor Kelly’s ceremonial signing in Holton are available for media use:
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