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KS SB267

KS SB267
Providing sales tax exemptions for certain services purchased on behalf of a provider in the provision of communication services and certain purchases by the Kansas fairgrounds foundation and modifying the definition of alcoholic beverages for purposes of the retailers' sales tax.


summary

Introduced
02/13/2025
In Committee
02/14/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning sales taxation; relating to definitions and exemptions; modifying the definition of alcoholic beverages; providing exemptions for certain services purchased on behalf of a provider in the provision of communication services and certain purchases by the Kansas fairgrounds foundation; amending K.S.A. 2024 Supp. 79-3602 and 79- 3606 and repealing the existing sections.

AI Summary

This bill makes several changes to Kansas sales tax laws, focusing on three main areas. First, it modifies the definition of alcoholic beverages by changing the minimum alcohol content from 0.05% to 0.5%. Second, the bill provides a sales tax exemption for equipment, machinery, software, and services purchased by communications service providers for use in providing internet, telecommunications, or video services. Third, it creates a sales tax exemption for the Kansas Fairgrounds Foundation for purchases related to constructing, equipping, or maintaining buildings on the Kansas state fairgrounds. The bill also adds provisions for refunding sales tax paid on newly exempted purchases before the bill's effective date and includes standard language about when the specific exemptions will expire. These changes aim to update existing tax laws, support communications infrastructure development, and provide financial assistance to specific nonprofit organizations like the Kansas Fairgrounds Foundation.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Assessment and Taxation (Senate)

Last Action

Senate Referred to Committee on Assessment and Taxation (on 02/14/2025)

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