November Vote Might Reduce Boat Property Taxes

By: Associated Press Email
By: Associated Press Email

Stay up-to-date with KAKE News:

Friday, October 5, 2012

Kansas residents will decide in November whether to reduce property taxes for boat owners.

Supporters say the constitutional amendment on the November ballot will make the state's tax rates on boats similar to surrounding states. They say Kansas rates can sometimes be eight times higher than those in adjoining states.

Opponents say the amendment is being pushed mostly by sports fishermen who want to save money on expensive boats. They say regulations in Kansas have helped create a strong market for used boats.

Boats in Kansas currently are classified in the "other" category of personal property. They are taxed at 30 percent of value multiplied by the county's mill levy.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 172828541 - kake.com/a?a=172828541
Gray Television, Inc.