KS SB75

Creates a refundable Kansas income tax credit for private school tuition and related expenses (books, materials, equipment) for dependent children eligible for public school but not enrolled, with maximum credits of $8,000 per child at accredited private schools or $4,000 per child at nonaccredited private schools, effective tax year 2025

Caps total credits at $125,000,000 for tax year 2025, with automatic 25% increases in subsequent years if 90% or more of available credits are claimed in the prior year

Requires valid Social Security numbers for each dependent child and prohibits combining this credit with the existing low-income students scholarship program for the same child in the same tax year

Allows taxpayers to claim the credit in advance during the tax year or on annual tax returns, with priority given to previous credit recipients if applications exceed available funding

Imposes civil penalties for false claims or receiving credits without actually enrolling children in private school, and requires the Department of Revenue to submit annual reports to the legislature on total credits claimed and fraudulent claims