KS HB2466

Extends the Kansas angel investor tax credit program sunset date from 2026 to 2029, allowing tax credits for cash investments in qualified Kansas businesses through that year

Maintains the 50% tax credit rate on cash investments in qualified securities, with a maximum of $100,000 per single business and $350,000 total credits per investor annually

Sets annual tax credit cap at $8,000,000 for tax year 2026 through 2029, with unused credits carrying forward

Reserves at least 25% of annual tax credits for investors in qualified Kansas businesses located in counties with populations of 50,000 or fewer, starting in tax year 2027

Allows credits to be used in the year of investment or carried forward until fully utilized, and permits transfer of credits to other natural persons under certain conditions