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Kansas passes law to use COVID funds for compensating small businesses

Gov. Laura Kelly signed a invoice Thursday granting house tax relief to retail storefronts impacted by governing administration community wellness orders all through the COVID-19 pandemic.

“There is no superior location to indicator bipartisan legislation supporting our small small business proprietors that appropriate right here in the heart of revitalized downtown Topeka,” Kelly stated, standing in front of storefronts along Kansas Avenue.

The legislation, HB 2136, is highlighted by house tax relief for 2020 and 2021 if claimants’ smaller retail corporations were being operationally shut down or restricted by a health and fitness order. The method is funded with $50 million in federal pandemic support dollars.

Calculations depend in element on the size of the wellness orders and either the house owner’s tax payment or a leaser’s hire payments. To qualify, retail organizations are unable to have gained additional than $150,000 total in prior pandemic relief. Particular enterprises are excluded.