Kansas House OKs tax change for cement plants

KSN News (file)
KSN News

TOPEKA, Kan. (AP) — House members have approved a measure that could result in millions of dollars in property tax relief for two southeast Kansas cement plants in a dispute over what is real estate and what is equipment.

The measure was approved Wednesday by a 100-23 vote sending it to the Senate, which is considering alternative versions of the tax change to cover more industries.

At issue is the definition of real estate and equipment used by the cement plants that could be subject to property taxes. A 2006 law removed the tax for business machinery and equipment as a means to boost the economy.

However, subsequent appraisals of the Ash Grove and Monarch cement plants resulted in more equipment being considered real estate and subject to taxation than had been previously counted.

Comments are closed.