www.mozilla.com Weather Central
Voices
Headlines

Competition for area consumers' sports gear dollars continues to grow -9/18/2014, 5:42 PM

Business jet demand, long in recovering, poised to increase next year -9/18/2014, 4:47 PM

Fox News poll shows Paul Davis leading Sam Brownback -9/18/2014, 4:47 PM

Wichita Downtown Development Corp., Go Wichita will support sales tax vote -9/18/2014, 4:47 PM

Students to get new insight about health care careers -9/18/2014, 4:47 PM

Jail population reaches all-time high -9/18/2014, 4:47 PM

myTown Calendar

SPOTLIGHT
[var top_story_head]

Kan. House advances property tax classification

Published on -5/10/2012, 9:30 AM

Printer-friendly version
E-Mail This Story

TOPEKA, Kan. (AP) -- Kansas House members have given first-round approval to a bill that seeks to buy time for defining what constitutes real and personal business property.

Wednesday's voice vote advanced the measure to final House action, expected Thursday. House passage would send the measure to the Senate.

At issue is property that has previously been exempt from property taxes because of abatements granted by cities and counties. As those abatements expire, the property must be classified as either real or personal for tax purposes.

However, legislators approved a bill in 2006 that removed business machinery and equipment from tax rolls.

Legislators want to take two years to define real and personal property. Their goal is to prevent previously exempt equipment from being reclassified as real property, forcing higher property taxes on businesses.

digg delicious facebook stumbleupon google Newsvine
More News and Photos

Associated Press Videos

AP Breaking News
AP Nation-World News

View this site in another language.