Tax hike bill opposed by Kansas governor passes House

The legislation would raise individual income tax rates and end a business tax exemption, raising revenue by an estimated $590 million in fiscal 2018, according to a legislative analysis.S&P this month revised the outlook on Kansas' AA-minus credit rating to negative from stable citing structural budget pressures.The House bill now moves to the Senate, which is expected to take it up on Friday, according to Morgan Saib, a spokeswoman for Senate President Susan Wagle, a Republican.