Preserve the Mortgage Interest Deduction for Kansas Home Owners
Up for discussion this week by the Kansas Senate: HB 2059. This bill would single out Kansas as the first and only state in the nation to eliminate the ability of home owners to claim the mortgage interest deduction (MID) on their state income tax returns.
The Kansas Association of REALTORS reports that eliminating the mortgage interest deduction increases the tax burden by $162,5 million on over 344,000 Kansas home owners.
What can you do?
Say "yes" to the Masterson amendment, which will be offered during the debate to preserve the mortgage interest deduction by phasing out all itemized deductions (including the mortgage interest deduction) in future years in proportion to future reductions in state marginal income tax rates.
Learn more about the HB 2059 and the amendment here.
Then, follow this link to send a message to your state senator or senators:
Use the following link to look up the contact information for your member of the Kansas Senate and call them Tuesday morning at their Capitol office to ask them as a constituent and voter to support the amendment.
Use these talking points in explaining why they should support the amendment when you speak with their office assistant.
Posted on Mon, February 25, 2013
by Mia Katz