Tagged: taxes

Kansas House and Senate moving toward income tax deal; Union paycheck bill signed by governor; Kansas economy slipped slightly in March.

Tax Negotiations Moving Slowly

Negotiators from the Kansas House and Senate report little progress in working out differences in income tax plans.

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Union Paycheck Deduction Bill Signed Into Law

Negotiators from the Kansas House and Senate report little progress in working out differences in plans for further cuts in personal income taxes.

Kansas officials are blaming a shortfall of nearly $57 million in state tax collections in March on delays in federal tax deadlines forced by congressional wrangling on fiscal issues.

The Department of Revenue reported Friday that the state collected almost $364 million in taxes last month. It had expected to take in more than $420 million.

The department noted that collections for the fiscal year that started in July are slightly ahead of the state's projection that it would collect $4.24 billion through March.

Kansas officials are blaming a shortfall of nearly $57 million in state tax collections in March on delays in federal tax deadlines forced by congressional wrangling on fiscal issues.

The Kansas House and Senate have passed their versions of both budget and tax plans, but there's still plenty of work ahead. The two chambers will now try to smooth out differences between the plans.

Conference committees made up of three members from each chamber will work to find a compromise between the different bills. Both chambers will then consider the compromise legislation.