TOPEKA, Kan. (AP) — A major financial rating agency says Kansas’ credit outlook is stable after lawmakers overrode Republican Gov. Sam Brownback’s veto of a bill that largely rolls back the income tax cuts he championed in recent years.
The Kansas City Star reports that Moody’s Investor Services affirmed the state’s A2 credit rating and revised its outlook from negative to stable after the legislation action Tuesday night.
Kansas has experienced multiple credit downgrades in recent years. Moody’s says the state has repeatedly hurt its credit outlook by depleting cash reserves and deferring pension contributions, but the $1.2 billion tax increase would “go a long way toward solving the state’s budget challenges.”
Moody’s also upgraded the credit rating for the state’s IMPACT bonds, which are based on income tax, from A1 to A3.
TOPEKA, Kan. (AP) — The Kansas House has approved a bill that would delay part of a law that toughens regulations for amusement park rides.
SPRINGFIELD, Mo. (AP) — The city of Springfield, Missouri, is moving closer to starting a local prescription drug monitoring program.
JEFFERSON CITY, Mo. (AP) — Lincoln University will operate next fiscal year with a budget that is $3 million less than last year and includes 48 job losses.
RIVERTON, Kan. (AP) — Empire District Electric Co. plans to demolish its coal-fired power plant near Riverton, Kansas, sometime this month.
ST. LOUIS (AP) — A report says a Missouri parole board member and employee played a game during parole hearings in which they earned points for incorporating song titles and unusual words such as “manatee” and “hootenanny” into their questioning.

TOPEKA, Kan. (AP) — Authorities are looking for a Topeka woman and say her estranged husband took her against her will.

LAWRENCE, Kan. (AP) — University of Kansas Athletics expects its budget to increase about 3.5 percent to $93.3 million for fiscal year 2018.