SB 283 flat tax bill ending subsidies for housing construction, HPIP, PEAK, opposed by recipients - The Sentinel

SB 283 flat tax bill ending subsidies for housing construction, HPIP, PEAK, opposed by recipients - The Sentinel

The Senate Tax Committee heard testimony on Senate Bill 283, which sets a course for an eventual flat tax but ends the popular Kansas Commerce Department tax subsidies High-Performance Incentive Plan (HPIP), Promoting Employment Across Kansas (PEAK), and the Kansas Affordable Housing Tax Credit, among other incentive programs to attract and keep businesses in the state. It’s the halting of the tax credits that brought the overwhelming majority o…