TOPEKA — Kansas legislators have drafted a new proposal for raising income taxes to fix the state budget and provide additional funds for public schools.
House and Senate negotiators agreed Monday on a measure that would raise $1.2 billion over two years. The House planned to debate it Monday evening.
The measure would raise income tax rates and eliminate an exemption for more than 330,000 farmers and business owners.
The plan would undo most of the past income tax cuts championed by Republican Gov. Sam Brownback. But rates would remain lower than they were before the tax-cutting started in 2012.
Kansas faces projected budget shortfalls totaling $887 million through June 2019 and the state Supreme Court ruled in March that the state’s education funding is inadequate.
