KS SB429

Extends the Kansas angel investor tax credit program sunset date from 2026 to 2031, allowing tax credits for cash investments in qualified Kansas businesses for an additional five years

Provides a tax credit of up to 50% of an investor's cash investment in qualified securities of a qualified Kansas business

Limits individual investors to a maximum of $100,000 in tax credits per single Kansas business and $350,000 total per year

Sets annual statewide tax credit caps at $8,000,000 for tax years 2026 through 2031

Allows unused tax credits to be carried forward to future years and permits investors without current tax liability to transfer their credit to another person one time