Kansas Announces Multiple State Tax Credits and Extensions
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Topeka, Kansas. On Wednesday, July 1, 2026, the Kansas Department of Revenue published four notices announcing new and amended tax credits and extensions covering ethanol retailers, angel investors, gun- and ammunition-storage expenditures, and state participation in a federal scholarship contribution tax credit for taxable years beginning after Dec. 31, 2026.
The notices specify an ethanol retailer credit effective for tax years 2026 through 2028 with a maximum $2,500,000 annual cap; extension of the angel investor credit through 2031 with at least 25 percent of credits allocated to businesses in counties under 50,000 population beginning in 2027; a 25 percent gun-storage credit capped at $250 per taxpayer; and treasurer reporting requirements for scholarship-granting organizations.
Timeline
- 1. July 1, 2026 — Notice 26-03 issued: angel investor credit extended through 2031; aviation/aerospace credits extended.
- 2. July 1, 2026 — Notice 26-04 issued: new ethanol retailer tax credit for tax years 2026–2028 with $2.5M cap.
- 3. July 1, 2026 — Notice 26-06 issued: new gun-storage income tax credit equal to 25% of expenditures up to $250.
- 4. July 1, 2026 — Notice 26-10 issued: Kansas to participate in federal Section 25F scholarship contribution credit; treasurer reporting required.
- 5. 2027–2031 — Allocation and extension provisions take effect (25% rural allocation starting 2027; credits extend to 2031 where specified).
Sources
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