Kansas prices and inflation

The fact is EIA’s 15-state Midwest regular-gasoline price, including Kansas, rather than a Kansas statewide estimate. Crude oil is an input to gasoline; oil-production tax treatment concerns upstream costs without establishing additional output or a pump-price change. Natural gas and higher-ethanol blends are distinct from regular gasoline. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Midwest regular gasoline price. This record’s connection to the topic does not establish an effect on the measured result.

2.Modification of certain percentage depletion rules with respect to oil and gas wells (a)Percentage depletion rate calculation modified with respect to marginal propertiesSection 613A(c)(6)(C) of the Internal Revenue Code of 1986 is amended to read as follows: (C)Applicable percentage (i)In generalFor purposes of subparagraph (A), the term applicable percentage means the percentage (not greater than 25 percent) equal to the sum of— (I) 15 percent, plus (II)1 percentage point for each whole dollar by which $70 exceeds the reference price for crude oil for the calendar year preceding the calendar year in which the taxable year begins. (ii)PPI adjustment (I)In generalIn the case of any taxable year beginning in a calendar year after 2027, the $70 amount in clause (i)(II) shall be increased by an amount equal to— (aa) such dollar amount, multiplied by (bb)the PPI adjustment factor for such calendar year. (II)PPI adjustment factorFor purposes of subclause (I), the PPI adjustment factor for any calendar year is the percentage (if any) by which— (aa) the PPI for the preceding calendar year, exceeds (bb)the PPI for calendar year 2026. (III)PPI for any calendar yearFor purposes of subclause (II), the PPI for any calendar year is the average of the Producer Price Index for Drilling Oil and Gas Wells, as published by the Bureau of Labor Statistics of the Department of Labor, as of the close of the 12-month period ending on August 31 of such calendar year. For purposes of this paragraph, the term reference price means, with respect to any calendar year, the reference price determined for such calendar year under section 45K(d)(2)(C). . (b)Nonapplication of taxable income limitation with respect to marginal propertiesSection 613A(c)(6) of such Code is amended by adding at the end the following new subparagraph: (H)Nonapplication of taxable income limitationWith respect to so much of the allowance for depletion as is determined under subparagraph (A)— (i)subsection (d)(1) shall not apply, and (ii)the second sentence of subsection (a) of section 613 shall not apply.. (c)Depletable oil quantity calculation modifiedSection 613A(c)(3)(B) of such Code is amended by striking 1,000 barrels and inserting 2,000 barrels. (d)Effective dateThe amendments made by this section shall apply to taxable years beginning after December 31, 2026.

Census household money income includes wages and specified cash benefits and is measured before taxes. Tax relief alone is not an increase in this statistic. A change in an eligibility calculation does not quantify payments or the statewide median. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Sec. 2. K.S.A. 44-1203 is hereby amended to read as follows: 44- 1203. (a) Except as otherwise provided in the minimum wage and maximum hours law, every employer shall pay to each employee wages at a rate as follows: (1) […] On and after January 1, 2010, and prior to January 1, 2026, employee wages shall be paid at a rate of not less than $7.25 […] per hour; (2) on and after January 1, 2026, and prior to January 1, 2027, employee wages shall be paid at a rate of not less than $15 per hour; and (3) on and after January 1, 2027, through the end of the year, and on and after January 1 of each successive year, through the end of each year, employee wages shall be paid at a rate of not less than the rate per hour for the immediately preceding year increased by the increase in the cost of living. The increase in the cost of living means an amount equal to the percentage increase in the consumer price index for all urban consumers in the midwest region as published by the bureau of labor statistics of the United States department of labor during the immediately preceding year rounded to the nearest five cents. (b) In calculating such minimum wage rate, an employer may include tips and gratuities received by an employee if such tips and gratuities have customarily constituted part of the remuneration of the employee and if the employee concerned actually received and retained such tips and gratuities. For employees receiving tips and gratuities, the employer shall pay a minimum wage of at least $2.13 […] per hour prior to January 1, 2026, and at least 50% of the minimum wage rate per hour prescribed by subsection (a) on and after January 1, 2026 . If, when combined with the minimum wage rate prescribed in this subsection, the amount of the employee's tips and gratuities are: (1) At least equal to […] the minimum wage rate per hour prescribed by subsection (a), no further payment is required by the employer; or (2) less than […] the minimum wage rate per hour prescribed by subsection (a) , the employer must pay the employee the difference between […] the minimum wage rate per hour 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 SB 218 3 prescribed by subsection (a) and the actual hourly amount received by the employee determined by combining the amount of tips and gratuities received by the employee with the minimum wage prescribed by this subsection paid by the employer.

Census household money income includes wages and specified cash benefits and is measured before taxes. Tax relief alone is not an increase in this statistic. A change in an eligibility calculation does not quantify payments or the statewide median. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Sec. 2. K.S.A. 44-1203 is hereby amended to read as follows: 44- 1203. (a) Except as otherwise provided in the minimum wage and maximum hours law, every employer shall pay to each employee wages at a rate as follows: (1) […] On and after January 1, 2010, and prior to January 1, 2026, employee wages shall be paid at a rate of not less than $7.25 […] per hour; (2) on and after January 1, 2026, and prior to January 1, 2027, employee wages shall be paid at a rate of not less than $15 per hour; and (3) on and after January 1, 2027, through the end of the year, and on and after January 1 of each successive year, through the end of each year, employee wages shall be paid at a rate of not less than the rate per hour for the immediately preceding year increased by the increase in the cost of living. The increase in the cost of living means an amount equal to the percentage increase in the consumer price index for all urban consumers in the midwest region as published by the bureau of labor statistics of the United States department of labor during the immediately preceding year rounded to the nearest five cents. (b) In calculating such minimum wage rate, an employer may include tips and gratuities received by an employee if such tips and gratuities have customarily constituted part of the remuneration of the employee and if the employee concerned actually received and retained such tips and gratuities. For employees receiving tips and gratuities, the employer shall pay a minimum wage of at least $2.13 […] per hour prior to January 1, 2026, and at least 50% of the minimum wage rate per hour prescribed by subsection (a) on and after January 1, 2026 . If, when combined with the minimum wage rate prescribed in this subsection, the amount of the employee's tips and gratuities are: (1) At least equal to […] the minimum wage rate per hour prescribed by subsection (a), no further payment is required by the employer; or (2) less than […] the minimum wage rate per hour prescribed by subsection (a) , the employer must pay the employee the difference between […] the minimum wage rate per hour 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 SB 218 3 prescribed by subsection (a) and the actual hourly amount received by the employee determined by combining the amount of tips and gratuities received by the employee with the minimum wage prescribed by this subsection paid by the employer.

Census household money income includes wages and specified cash benefits and is measured before taxes. Tax relief alone is not an increase in this statistic. A change in an eligibility calculation does not quantify payments or the statewide median. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Sec. 2. K.S.A. 44-1203 is hereby amended to read as follows: 44- 1203. (a) Except as otherwise provided in the minimum wage and maximum hours law, every employer shall pay to each employee wages at a rate as follows: (1) […] On and after January 1, 2010, and prior to January 1, 2026, employee wages shall be paid at a rate of not less than $7.25 […] per hour; (2) on and after January 1, 2026, and prior to January 1, 2027, employee wages shall be paid at a rate of not less than $15 per hour; and (3) on and after January 1, 2027, through the end of the year, and on and after January 1 of each successive year, through the end of each year, employee wages shall be paid at a rate of not less than the rate per hour for the immediately preceding year increased by the increase in the cost of living. The increase in the cost of living means an amount equal to the percentage increase in the consumer price index for all urban consumers in the midwest region as published by the bureau of labor statistics of the United States department of labor during the immediately preceding year rounded to the nearest five cents. (b) In calculating such minimum wage rate, an employer may include tips and gratuities received by an employee if such tips and gratuities have customarily constituted part of the remuneration of the employee and if the employee concerned actually received and retained such tips and gratuities. For employees receiving tips and gratuities, the employer shall pay a minimum wage of at least $2.13 […] per hour prior to January 1, 2026, and at least 50% of the minimum wage rate per hour prescribed by subsection (a) on and after January 1, 2026 . If, when combined with the minimum wage rate prescribed in this subsection, the amount of the employee's tips and gratuities are: (1) At least equal to […] the minimum wage rate per hour prescribed by subsection (a), no further payment is required by the employer; or (2) less than […] the minimum wage rate per hour prescribed by subsection (a) , the employer must pay the employee the difference between […] the minimum wage rate per hour 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 SB 218 3 prescribed by subsection (a) and the actual hourly amount received by the employee determined by combining the amount of tips and gratuities received by the employee with the minimum wage prescribed by this subsection paid by the employer.

Census household money income includes wages and specified cash benefits and is measured before taxes. Tax relief alone is not an increase in this statistic. A change in an eligibility calculation does not quantify payments or the statewide median. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Sec. 2. K.S.A. 44-1203 is hereby amended to read as follows: 44- 1203. (a) Except as otherwise provided in the minimum wage and maximum hours law, every employer shall pay to each employee wages at a rate as follows: (1) […] On and after January 1, 2010, and prior to January 1, 2026, employee wages shall be paid at a rate of not less than $7.25 […] per hour; (2) on and after January 1, 2026, and prior to January 1, 2027, employee wages shall be paid at a rate of not less than $15 per hour; and (3) on and after January 1, 2027, through the end of the year, and on and after January 1 of each successive year, through the end of each year, employee wages shall be paid at a rate of not less than the rate per hour for the immediately preceding year increased by the increase in the cost of living. The increase in the cost of living means an amount equal to the percentage increase in the consumer price index for all urban consumers in the midwest region as published by the bureau of labor statistics of the United States department of labor during the immediately preceding year rounded to the nearest five cents. (b) In calculating such minimum wage rate, an employer may include tips and gratuities received by an employee if such tips and gratuities have customarily constituted part of the remuneration of the employee and if the employee concerned actually received and retained such tips and gratuities. For employees receiving tips and gratuities, the employer shall pay a minimum wage of at least $2.13 […] per hour prior to January 1, 2026, and at least 50% of the minimum wage rate per hour prescribed by subsection (a) on and after January 1, 2026 . If, when combined with the minimum wage rate prescribed in this subsection, the amount of the employee's tips and gratuities are: (1) At least equal to […] the minimum wage rate per hour prescribed by subsection (a), no further payment is required by the employer; or (2) less than […] the minimum wage rate per hour prescribed by subsection (a) , the employer must pay the employee the difference between […] the minimum wage rate per hour 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 SB 218 3 prescribed by subsection (a) and the actual hourly amount received by the employee determined by combining the amount of tips and gratuities received by the employee with the minimum wage prescribed by this subsection paid by the employer.

Census household money income includes wages and specified cash benefits and is measured before taxes. Tax relief alone is not an increase in this statistic. A change in an eligibility calculation does not quantify payments or the statewide median. This connection does not establish causation. Actions after the measurement period cannot explain the earlier observed value.

Retained Kansas evidence context: Median household income. This record’s connection to the topic does not establish an effect on the measured result.

Sec. 2. K.S.A. 44-1203 is hereby amended to read as follows: 44- 1203. (a) Except as otherwise provided in the minimum wage and maximum hours law, every employer shall pay to each employee wages at a rate as follows: (1) […] On and after January 1, 2010, and prior to January 1, 2026, employee wages shall be paid at a rate of not less than $7.25 […] per hour; (2) on and after January 1, 2026, and prior to January 1, 2027, employee wages shall be paid at a rate of not less than $15 per hour; and (3) on and after January 1, 2027, through the end of the year, and on and after January 1 of each successive year, through the end of each year, employee wages shall be paid at a rate of not less than the rate per hour for the immediately preceding year increased by the increase in the cost of living. The increase in the cost of living means an amount equal to the percentage increase in the consumer price index for all urban consumers in the midwest region as published by the bureau of labor statistics of the United States department of labor during the immediately preceding year rounded to the nearest five cents. (b) In calculating such minimum wage rate, an employer may include tips and gratuities received by an employee if such tips and gratuities have customarily constituted part of the remuneration of the employee and if the employee concerned actually received and retained such tips and gratuities. For employees receiving tips and gratuities, the employer shall pay a minimum wage of at least $2.13 […] per hour prior to January 1, 2026, and at least 50% of the minimum wage rate per hour prescribed by subsection (a) on and after January 1, 2026 . If, when combined with the minimum wage rate prescribed in this subsection, the amount of the employee's tips and gratuities are: (1) At least equal to […] the minimum wage rate per hour prescribed by subsection (a), no further payment is required by the employer; or (2) less than […] the minimum wage rate per hour prescribed by subsection (a) , the employer must pay the employee the difference between […] the minimum wage rate per hour 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 SB 218 3 prescribed by subsection (a) and the actual hourly amount received by the employee determined by combining the amount of tips and gratuities received by the employee with the minimum wage prescribed by this subsection paid by the employer.