TOPEKA, Kan. — Kansas could phase out its corporate income tax under a measure that also would expand its incentives for attracting new businesses.
The provision is a problem as lawmakers rush to help the state attract an undisclosed project said to be worth $4 billion. A House committee expects to vote Thursday on a bill authorizing hundreds of millions of dollars in incentives for billion-dollar business projects after the Senate approved the measure last week. The Legislature hopes to wrap up work on the bill Monday so the state can offer an unnamed company $1 billion or more in incentives.
But some lawmakers oppose the bill’s ongoing corporate tax cuts.
