KS HB2276

Creates a Kansas income tax credit for small businesses (fewer than 50 full-time employees) that purchase advertising from local news organizations, effective for tax years 2026 through 2029

Credit equals 50% of qualifying advertising expenditures in the first year (up to $5,000 maximum) and 25% in subsequent years (up to $2,500 maximum)

Unused credits may be carried forward for up to 10 years but are not refundable

Qualifying local news organizations must be members of the Kansas Press Association or Kansas Broadcasters Association and engage professionals to create original content on matters of public interest

Entities that knowingly issue false certifications of qualified advertising purchases face civil penalties of $5,000 to $10,000 per false certification