Bill > HB2443

This bill amends existing Kansas law to exclude certain natural gas storage facilities from being classified as public utilities for property tax purposes. Currently, a "public utility" is broadly defined to include entities involved in various services like transmitting messages, transporting commodities through pipes, generating electricity, and distributing water, as well as those primarily engaged in storing natural gas in underground formations. This bill specifically adds an exemption for natural gas storage facilities that are constructed after January 1, 2026, are located within a single county, and do not cross state lines, meaning these newly constructed facilities will not be subject to the same property tax regulations as other public utilities. The bill also makes a technical change to the effective date for the application of these provisions, shifting it from after December 31, 2008, to after December 31, 2025, and repeals the original section of law it amends, replacing it with the new provisions.

Budget and Finance

Taxation (House)

https://kslegislature.gov/li/b2025_26/measures/hb2443/