Minutes for SB495 - Committee on Assessment and Taxation

Establishing the salt parity act to allow pass-through entities to elect to pay state income tax at the entity level.

Revisor Amelia Kovar-Donohue provided a summary of the bill.

Meeting recessed.

Meeting reconvened at 12:13pm.

Proponent in-person testimony: Eric Stafford, Kansas Chamber (Attachment 13)

Proponent Webex testimony: Shawn Sullivan, Kansas Society of CPAs (Attachment 14)

Jeff Farrell, BKD (Attachment 15)

Brian Reardon, S Corporation Association (Attachment 16)

Proponent written testimony: Daniel Murray, National Federation of Independent Business (Attachment 17)

Jason Watkins, Wichita Regional Chamber of Commerce (Attachment 18)

Opponent testimony: None

Neutral testimony: None

Bills & Laws