Feb 16 The Kansas House on Thursday approved a
bill on Thursday raising taxes to plug state budget holes over
the objection of Republican Governor Sam Brownback.
The governor on Wednesday blasted the measure, which passed
the House in a 76-48 vote, claiming it would "pummel the
pocketbook of middle class families."
The legislation would raise individual income tax rates and
end a business tax exemption, raising revenue by an estimated
$590 million in fiscal 2018, according to a legislative
Tax cuts passed by the Republican-controlled legislature
since 2012 have punched holes in the state's budgets as revenue
failed to meet targets for months. S&P this month revised the
outlook on Kansas' AA-minus credit rating to negative from
stable citing structural budget pressures.
The House bill now moves to the Senate, which is expected to
take it up on Friday, according to Morgan Saib, a spokeswoman
for Senate President Susan Wagle, a Republican. The Senate is
also considering its own bill that calls for bigger income tax
(Reporting by Karen Pierog; Editing by Alan Crosby)