Wednesday, February 15, 2012
Kansas legislators are tangled in a local property tax case that could have big implications statewide.
The Senate Assessment and Taxation Committee had a hearing Wednesday on a bill that could mean tens of millions of dollars in savings for manufacturing companies and big revenue losses for local governments.
Montgomery County officials asked the committee to reject the
measure, which overturns a recent state Court of Tax Appeals ruling
in a dispute between the southeast Kansas county and a fertilizer
But the bill is being pushed by the Kansas Chamber of Commerce, which believes the ruling will hurt the state's economy.
The committee took no action. Chairman Les Donovan said he could ask for a study this summer and fall. He urged the parties to seek