KS SB72

Amends the Kansas housing investor tax credit to allow transferred credits to be claimed beginning in the year the original cash investment was made, rather than the year of transfer

Applies retroactively to all housing investor tax credits issued for tax year 2022 and thereafter

Maintains existing credit limits: up to $35,000 per unit in counties under 8,000 population, $32,000 per unit in counties 8,000-25,000 population, and $30,000 for all other projects

Preserves the $13,000,000 annual aggregate cap on tax credits, with minimum allocations of $2,500,000 each for smaller and mid-size counties

Credits may still be carried forward for up to four taxable years after issuance, with no limit on the number of times a credit can be transferred