Session of 2000
SENATE BILL No. 624
By Committee on Federal and State Affairs
2-10
9 AN ACT
relating to property taxation; exempting certain personal prop-
10 erty used for
manufacturing of motor vehicles.
11
12 Be it enacted by the Legislature of the
State of Kansas:
13 Section
1. The following described property, to the extent herein
14 specified, shall be and is hereby exempt
from all property or ad valorem
15 taxes levied under the laws of the state of
Kansas:
16 (a) All special
tools and dies and other manufacturing aids acquired
17 after December 31, 2000, which are used
directly in the manufacturing
18 of motor vehicles and which are
specifically designed and unique to the
19 production and processing of specific
components or models of such mo-
20 tor vehicles.
21 (b) The
provisions of this section shall apply to all taxable years
com-
22 mencing after December 31, 2000.
23 Sec. 2. This act shall
take effect and be in force from and after its
24 publication in the statute book.