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KS SB320
KS SB320Expanding property tax exemption eligibility to include commercial and industrial machinery and equipment that was acquired or transported into this state on or before June 30, 2006.
summary
Introduced
01/14/2026
01/14/2026
In Committee
01/15/2026
01/15/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT concerning property taxation; relating to exemptions; expanding exemption eligibility to include commercial and industrial machinery and equipment that was acquired or transported into this state on or before June 30, 2006; amending K.S.A. 79-223 and repealing the existing section.
AI Summary
This bill expands property tax exemptions for commercial and industrial machinery and equipment by allowing exemptions for items acquired or brought into Kansas on or before June 30, 2006, for taxable years beginning after December 31, 2025. This change amends an existing law (K.S.A. 79-223) that previously only exempted machinery and equipment acquired or transported into the state after June 30, 2006, with the goal of encouraging investment, business growth, and job creation within the state. The bill also makes minor technical adjustments to the definitions of "acquired" and "commercial and industrial machinery and equipment" within the existing law.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Assessment and Taxation (Senate)
Last Action
Senate Hearing: Wednesday, February 4, 2026, 9:30 AM Room 548-S (on 02/04/2026)
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/sb320/ |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_sb320_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/sb320_00_0000.pdf |
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