January 31, 2017 Legislative Update

The House Taxation Committee finished its second day of hearings on a bill which would eliminate the income tax exemption for pass-through business entities. Removing the pass-through exemption would bring in something in the neighborhood of $180 – $200 million in revenues. Opponents of the bill argued the tax exemption has helped small business in Kansas and has led to job growth. Those arguing to eliminate the exemption disputed those claims and contended job growth has actually shrunk in the years since the exemption took effect. Others conceded the time may have come to remove the exemption, but expressed concern that the House bill would take effect as of January… Read More

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2017 Annual Meeting Recap

The 2017 Greater Topeka Chamber of Commerce Annual Meeting was a time for us to reflect on what we did in 2016 and where we are going this year. We kicked the meeting off by showing a great video showcasing the community’s accomplishments from 2016. Check it out: Michel’ Cole, Westar Energy, emceed the program and did a great job keeping the audience engaged and listening, as well as transitioning between the speakers. We recognized four remarkable people before our speakers started. These four individuals were key to the organization’s success in 2016.   Kyle Mead, Lawyers Title of Topeka, was awarded an Award of Excellence for diligent work to help… Read More

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January 24, 2017 Legislative Update

METL:  Stronger Together On Tuesday, January 17, representatives from chambers of commerce for Manhattan, Emporia, Topeka and Lawrence gathered at the historic Dillon House for the first ever METL:  Stronger Together reception. These business groups have been discussing for some time the value of working together as a region. The reception was designed to bring together the 28 state legislators who represent that region and give them a sense of the influence they could have in the legislature if they coordinated their efforts and spoke with one voice. As many as 50 business leaders and chamber executives from these communities traveled to Topeka for the event and over half of… Read More

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January 17, 2017 Legislative Update

Kansas lawmakers returned to Topeka last week and wasted no time in training their sites on one of the most controversial issues they will face:  whether to close the tax exemption for pass-through business entities. On the first full day of the 2017 session, a bill which would repeal that exemption was introduced in the House Tax Committee. A hearing on the bill is scheduled for Thursday, January 19. The urgency seems to stem from two sources. First, since the bill is retroactive to January 1, tax committee members acknowledge that, if the exemption is to be repealed, it needs to be done quickly to minimize disruption for affected businesses. Some… Read More

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