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Bill > HB2406
KS HB2406
KS HB2406Providing tax exemption eligibility for commercial and industrial machinery and equipment that is currently ineligible for tax exemption due to such equipment being acquired or transported into this state on or before June 30, 2006.
summary
Introduced
03/11/2025
03/11/2025
In Committee
02/09/2026
02/09/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT concerning property taxation; relating to exemptions; providing tax exemption eligibility for telecommunication, railroad, commercial and industrial machinery and equipment that is currently ineligible for tax exemption due to such property being acquired or transported into this state on or before June 30, 2006; amending K.S.A. 79-223 and K.S.A. 2025 Supp. 79-224 and repealing the existing section sections.
AI Summary
This bill amends existing Kansas law to allow tax exemptions for certain commercial, industrial, telecommunications, and railroad machinery and equipment that were previously ineligible because they were acquired or transported into the state on or before June 30, 2006. The bill removes the date restriction, meaning that such property, if acquired through a qualified purchase or lease or transported into the state for business expansion or creation, can now be exempt from property taxes, regardless of when it was acquired or transported. This aims to encourage investment and economic activity within Kansas by removing a previous barrier to tax exemption for businesses.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Taxation (House)
Last Action
House Committee Report recommending bill be passed as amended by Committee on Taxation (on 02/09/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://kslegislature.gov/li/b2025_26/measures/hb2406/ |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2406_01_0000.pdf |
| House Committee on Taxation Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2026_hb2406_h_3475.pdf |
| Analysis - Supplemental Note: As Amended by House Committee | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_hb2406_01_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_hb2406_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2406_00_0000.pdf |
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