Governor Laura Kelly announced today that total tax collections for May 2023 were $857.3 million. That is $38.8 million, or 4.7%, above the estimate. Individual income tax collections were $440.1 million. That is $12.9 million, or 2.9% below the estimate, and down 15.1% from May 2022. Corporate income tax collections were $91.2 million, or 140.0% higher than the estimate and up 77.4% from May 2022. The drastic increase in corporate income tax collections can be partly attributed to the continued impact of the SALT Parity Act.