Notice Number:15-09
Tax Type:Individual Income Tax
Brief Description:Rural Opportunity Zone Credit Extended
Effective Date:07/01/2015
Approval Date:07/01/2015

Notice 15-09

Rural Opportunity Zone Credit Extended
(July 1, 2015)

During the 2015 Legislative Session Senate Substitute for House Bill 2109 was passed and signed into law. This Bill extends the Rural Opportunity Zone income tax credit.

As originally enacted, the provisions of K.S.A. 79-32,267 allowed a Rural Opportunity Zone (ROZ) credit to be claimed for tax years commencing after December 31, 2011, and ending before January 1, 2017. Section 27 of Senate Substitute for House Bill 2109 extends this period to tax years ending prior to January 1, 2022. The amended provisions of the statute now state (stricken language and new language):
Taxpayer Assistance

Additional copies of this notice, forms or publications are available from our web site, If you have questions about this Notice, please contact:
Taxpayer Assistance Center
Kansas Department of Revenue
915 SW Harrison St., 1st Floor
Topeka, KS 66612-1588
Phone: 785-368-8222
Hearing Impaired TTY: 785-296-6461
Fax: 785-291-3614

Date Composed: 07/08/2015 Date Modified: 07/08/2015