Kansas Governor Laura Kelly (D) signed legislation to create a State LIHTC for up to the amount of the Federal LIHTC award to a property. The legislation also increased the State Historic Tax Credit (HTC) percentages for certain properties. H.B. 2237 would create the State LIHTC effective for tax years beginning January 1, 2023 or after. The state HTC percentage, which is currently 25 percent, will be increased to 30 percent of qualified rehabilitation expenditures (QREs) in cities of 9,500 to 50,000 residents and to 40 percent in cities of less than 9,500 residents. The legislation also creates the Kansas housing investor tax credit, which is a credit of up to $35,000 per unit for single-family homes with an annual cap of $13 million.