Loading chat...
KS HB2059
Bill
Status
1/22/2025
Primary Sponsor
Taxation
Click for details
AI Summary
-
Allows Kansas taxpayers to subtract payments made to health care sharing ministries from their state adjusted gross income, effective for taxable years beginning after December 31, 2025
-
Defines qualifying health care sharing ministries as faith-based, tax-exempt nonprofit organizations that limit membership to those of similar faith and facilitate voluntary medical expense sharing between members
-
Requires qualifying ministries to provide monthly statements to members listing total needs submitted and amounts assigned for voluntary payment, with no assumption of risk or promise to pay
-
Mandates that qualifying ministries include written disclaimers on all promotional materials stating the organization is not an insurance company
-
Amends K.S.A. 2024 Supp. 79-32,117, which governs Kansas adjusted gross income calculations and existing subtraction modifications
Legislative Description
Providing a Kansas income tax subtraction modification for certain amounts paid by the taxpayer during the taxable year as a member of a health care sharing ministry.
Last Action
House Referred to Committee on Taxation
1/22/2025