Kansas angel tax credits signed into law

Months of hard work by Kansas City entrepreneurs has paid off. Kansas Gov. Sam Brownback on Wednesday signed an extension of the Angel Investor Tax Credits into law, preserving what supporters say is the state’s only financial incitive specifically for startups. The law goes into effect on July 1, 2016. Kansas Senate Bill 149 will…

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Bipartisan support sends Kansas’ angel tax credits to governor’s desk

After months of lobbying Kansas lawmakers, Kansas City area entrepreneurs are celebrating a legislative victory Monday that will extend a popular tax credit program for five more years. While now awaiting Gov. Sam Brownback’s signature, Kansas Senate Bill 149 will extend the life of the Angel Investor Tax Credits program through 2021. The $6 million…

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Kansas’ angel tax credits score first victory but hurdles remain

A bill extending Kansas’ popular Angel Investor Tax Credits scored its first victory Thursday, but legislators must make quick work of the measure if the program is to survive. The Kansas House Committee on Taxation unanimously approved a measure to continue the program, which offers accredited investors a tax credit of up to $50,000 on…

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