SB320: Expanding 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.

IntroducedSenate

Introduced

In Committee

Passed Chamber

Passed Both

Signed

Plain-Language Summary

This bill would exempt from property taxes commercial and industrial machinery and equipment that was brought into Kansas before June 30, 2006.

Who This Affects

Kansas businesses that own this type of equipment would benefit from reduced tax bills. This could lead to cost savings for companies in various industries such as manufacturing and agriculture.

Key Provisions

• The exemption applies to machinery and equipment acquired or transported into Kansas before June 30, 2006. • This bill does not apply to new purchases made after this date. • The exemption is intended to benefit commercial and industrial businesses in Kansas.

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Timeline

Introduced

Tuesday, January 13, 2026

Last Action

Senate Hearing: Thursday, February 5, 2026, 9:30 AM Room 548-S

Feb 4, 2026

SB320: Expanding 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.

Plain-Language Summary

Who This Affects

Key Provisions

Timeline

Sponsors

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