Session of 2000
         
Substitute for SENATE BILL No. 571
         
By Committee on Energy and Natural Resources
         
3-28
         

  9             AN  ACT concerning natural gas; authorizing certain refunds and reim-
10             bursements of refunds of certain ad valorem tax reimbursements; au-
11             thorizing the issuance of bonds and imposing a tax on certain trans-
12             portation of natural gas.
13      
14             WHEREAS, Since 1974, the Federal Energy Regulatory Commission
15       (FERC) and its predecessor, the Federal Power Commission, had al-
16       lowed natural gas producers and royalty owners of Kansas natural gas to
17       include the cost of state ad valorem taxes in their rates regulated by the
18       FERC; and
19             WHEREAS, In 1983, a petition challenging the inclusion of the costs
20       of ad valorem taxes in rates was filed with FERC and FERC affirmed its
21       prior rulings allowing recovery of those costs; and
22             WHEREAS, After the D.C. Circuit Court in 1988 ordered FERC to
23       review its rulings, FERC reversed itself in 1993 and ordered the payment
24       of refunds retroactive to the year 1988; and
25             WHEREAS, Kansas producers and royalty owners paid the refunds
26       ordered, including interest, but in 1996 the D.C. Circuit Court reversed
27       the FERC decision and required instead payment of refunds, including
28       interest, retroactive to any recovery of the ad valorem tax after October
29       4, 1983, the time of filing of the initial petition in the case; and
30             WHEREAS, The tax policy of the State of Kansas has been based on
31       the assumption that natural gas producers and royalty owners would be
32       allowed to recover both ad valorem and severance tax as a cost of pro-
33       duction; and
34             WHEREAS, To effectuate that longstanding state policy and to carry
35       out the intent of the Kansas Legislature in adopting that policy: Now,
36       therefore,
37       Be it enacted by the Legislature of the State of Kansas:
38             Section  1. As used in this act:
39             (a) ``Commission'' means the state corporation commission.
40             (b) ``Director'' means the director of taxation of the department of
41       revenue.
42             (c) ``Natural gas'' has the meaning provided by K.S.A. 55-1201, and


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  1       amendments thereto.
  2             (d) ``Person'' means any individual, corporation, limited liability com-
  3       pany, partnership, association or other legal entity.
  4             (e) ``Pipeline'' means a natural gas company transporting natural gas
  5       in interstate commerce subject to the jurisdiction of the federal energy
  6       regulatory commission (FERC) and a company transporting gas in intra-
  7       state commerce subject to the jurisdiction of the state corporation com-
  8       mission but shall not mean a person engaged in the local distribution of
  9       natural gas or in the gathering or production or sale of natural gas.
10             (f) ``Producer'' means a person who made a ``first sale'' of natural gas,
11       as that term is defined in the federal natural gas policy act of 1978, from
12       one or more wells in Kansas, including any predecessors, successors and
13       royalty owners, and against whom a pipeline has claimed that refunds and
14       interest associated with the ad valorem tax is due and owing.
15             Sec.  2. (a) (1) Any producer may file with the commission a claim
16       for payment to cover any claims of refunds, and any interest thereon,
17       which the producer, pursuant to FERC orders or proceedings, has paid
18       to pipelines for reimbursement for Kansas ad valorem taxes in connection
19       with the first sale of natural gas.
20             (2) Any pipeline may file with the commission a claim for payment
21       of refunds, and any interest thereon, pursuant to orders or proceedings
22       of FERC, for reimbursement for Kansas ad valorem taxes, provided that
23       the pipeline executes a release, satisfactory to the commission, that re-
24       lieves the producer and any associated royalty owner from all liability for
25       any claims for such refunds and interest.
26             (b) Each claim filed pursuant to subsection (a) shall be verified and
27       submitted to the commission upon forms prescribed and furnished by
28       the commission and shall be accompanied by such additional documen-
29       tation as required by the commission to determine eligibility for payment
30       of the claim. The commission shall review each claim and shall approve
31       payment to each eligible claimant.
32             (c) The commission may adopt rules and regulations as necessary to
33       administer the provisions of this section, including, but not limited to,
34       terms of eligibility. The commission, in its discretion, may approve pay-
35       ment only for claims for refunds, without interest. If, for any reason pay-
36       ments for only refunds do not operate to extinguish all liability of pro-
37       ducers the commission may approve payment to cover claims of interest
38       as well.
39             Sec.  3. (a) There is hereby established in the state treasury the nat-
40       ural gas producer ad valorem tax refund and bond retirement fund. The
41       fund shall consist of:
42             (1) Moneys credited to the fund from proceeds derived from the sale
43       of bonds issued by the Kansas development finance authority pursuant


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  1       to this act;
  2             (2) revenue collected from the tax imposed by this act;
  3             (3) interest credited to the fund pursuant to subsection (c); and
  4             (4) any amounts appropriated, contributed or otherwise made avail-
  5       able for the purposes of the fund.
  6             (b) On or before the 10th of each month, the director of accounts
  7       and reports shall transfer from the state general fund to the natural gas
  8       producer ad valorem tax refund and bond retirement fund interest earn-
  9       ings based on:
10             (1) The average daily balance of moneys in the natural gas producer
11       ad valorem tax refund and bond retirement fund for the preceding month;
12       and
13             (2) the net earnings rate for the pooled money investment portfolio
14       for the preceding month.
15             (c) Moneys in the natural gas producer ad valorem tax refund and
16       bond retirement fund shall be utilized exclusively for the following
17       purposes:
18             (1) To pay qualifying claims pursuant to section 2, and amendments
19       thereto; and
20             (2) as a source of revenue and security for the payment of principal
21       and interest on bonds issued under the provisions of this act.
22             (d) All expenditures from the natural gas producer ad valorem tax
23       refund and bond retirement fund shall be made in accordance with ap-
24       propriation acts upon warrants of the director of accounts and reports
25       issued pursuant to vouchers approved by the chairperson of the commis-
26       sion or the chairperson's designee for the purposes set forth in this
27       section.
28             Sec.  4. (a) For the purpose of paying refunds on behalf of producers
29       pursuant to this act, the commission may enter into agreements with the
30       Kansas development finance authority to issue revenue bonds in an
31       amount not exceeding an amount equal to $360,000,000 plus all amounts
32       required for costs of the bond issuance. The activities of the commission
33       in administering and performing the powers, duties and functions pre-
34       scribed by the provisions of this act from the proceeds of bonds issued
35       for such purpose by the Kansas development finance authority are hereby
36       approved for the purposes of subsection (b) of K.S.A. 74-8905, and
37       amendments thereto, and the authorization of the issuance of such bonds
38       by the Kansas development finance authority in accordance with that
39       statute. The provisions of subsection (a) of K.S.A. 74-8905, and amend-
40       ments thereto, shall not prohibit the issuance of bonds for such purposes
41       when so authorized and any such issuance of bonds is exempt from the
42       provisions of subsection (a) of K.S.A. 74-8905, and amendments thereto.
43             (b) To the extent provided in the agreement entered into by the com-


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  1       mission and the authority, proceeds derived from the sale of revenue
  2       bonds issued pursuant to this section shall be deposited in the state treas-
  3       ury and credited to the natural gas producer ad valorem tax refund and
  4       bond retirement fund.
  5             (c) Revenue bonds, including refunding revenue bonds, issued here-
  6       under shall not constitute an indebtedness of the state of Kansas, nor
  7       shall they constitute indebtedness within the meaning of any constitu-
  8       tional or statutory provision limiting the incurring of indebtedness.
  9             (d) Revenue bonds, including refunding revenue bonds, issued here-
10       under and the income derived therefrom are and shall be exempt from
11       all state, county and municipal taxation in the state of Kansas, except
12       Kansas estate taxes.
13             Sec.  5. (a) For the privilege of transporting natural gas from, within
14       and through this state by pipeline and for the purpose of raising revenue
15       for payment of principal and interest due upon revenue bonds issued
16       pursuant to this act, there is imposed a tax at the rate of $.02 per thousand
17       cubic feet of natural gas so transported by pipeline. Such tax shall not
18       apply to the local distribution of natural gas or to the production and
19       gathering of natural gas. Such tax shall be paid by the pipelines, provided,
20       however, that where natural gas is transported through interconnections
21       between two pipelines, the tax will be paid by the last transporting pipe-
22       line prior to either leaving the state or being delivered to a local distri-
23       bution company or direct sale customer. The tax shall be remitted to the
24       director by the pipeline on or before the last day of each month. Such
25       remittance shall be accompanied by a return upon forms prescribed and
26       furnished by the director.
27             (b) The director may grant a reasonable extension of time for filing
28       any return and remittance of taxes due under this act upon good cause
29       shown. Interest shall be charged at the rate prescribed by subsection (a)
30       of K.S.A. 79-2968, and amendments thereto, for the period of such ex-
31       tension for the remittance of taxes.
32             Sec.  6. When requested by the director, any pipeline transporting
33       natural gas from, within or through the state of Kansas shall be required
34       to furnish the director such information relative to the transportation of
35       such gas as the director may require. The director shall have authority to:
36             (a) Inspect bills of lading, waybills, meter or other charts, documents,
37       books and records relating to the transportation of natural gas by the
38       transporter; and
39             (b) demand the production of such bills of lading, waybills, charts,
40       documents, books and records relating to the transportation of natural
41       gas at any point in the state of Kansas designated by the director.
42             Sec.  7. (a) If any taxes imposed under this act and determined and
43       assessed by the director are unpaid: (1) Not due to negligence or to in-


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  1       tentional disregard of this act or rules and regulations of the secretary,
  2       interest on such taxes shall be added at the rate per month prescribed by
  3       subsection (a) of K.S.A. 79-2968, and amendments thereto, from the date
  4       the tax was due until paid; (2) due to negligence or to intentional disregard
  5       of this act or rules and regulations of the secretary, but without intent to
  6       defraud, a penalty of 10% of the amount of such taxes shall be added,
  7       together with interest at the rate per month prescribed by subsection (a)
  8       of K.S.A. 79-2968, and amendments thereto, from the date the tax was
  9       due until paid; or (3) due to fraud with intent to evade the tax imposed
10       by this act, there shall be added thereto a penalty of 50% of the amount
11       of such tax, together with interest at the rate per month prescribed by
12       subsection (a) of K.S.A. 79-2968, and amendments thereto, from the date
13       the tax was due until paid.
14             (b) If any person fails or refuses to make any return when required
15       to do so under the provisions of this act, such person shall be subject to
16       a penalty of $25 per day for each return which such person fails or refuses
17       to file.
18             (c) The director, in the exercise of discretion and upon making a
19       record of the reason therefor, may waive or reduce any of the penalties
20       provided by subsection (a)(1), (a)(2) or (b) if, in the judgment of the
21       director, there is due and reasonable cause that the taxes are unpaid or
22       that the return is not filed.
23             (d) In addition to any other penalty provided by this section, it is a
24       class C misdemeanor for any person to: (1) Fail to make a return or pay
25       any tax as required by this act; (2) make a false or fraudulent return or
26       fail to keep any books or records required pursuant to this act; (3) willfully
27       violate any rules and regulations adopted by the secretary for the enforce-
28       ment and administration of this act; (4) aid and abet another in attempting
29       to evade the payment of any tax imposed by this act; or (5) violate any
30       other provision of this act.
31             (e) The director shall examine all returns filed under the provisions
32       of this act and shall issue notices and final determinations of tax liability
33       hereunder in the manner prescribed by K.S.A. 79-3226, and amendments
34       thereto.
35             Sec.  8. Each pipeline shall make and keep a complete and accurate
36       record in the form required by the director showing the gross quantity
37       of natural gas transported, and such other information as required by the
38       director for the purposes of administering and enforcing the tax imposed
39       by this act. Such records shall at all times during business hours of the
40       day be available for and subject to inspection by the director, or the
41       director's duly authorized agents and employees, for a period of three
42       years from the last day of the calendar year to which the records pertain.
43       Such records shall be preserved during the entire period during which


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  1       they are subject to inspection by the director, unless the director in writ-
  2       ing previously authorized their disposal.
  3             The amount of taxes imposed by this act shall be assessed within three
  4       years after the return is filed. In the case of a false or fraudulent return
  5       with intent to evade tax, the tax may be assessed or a proceeding in court
  6       for collection of such tax may be begun at any time, within two years from
  7       the discovery of such fraud. The provisions of K.S.A. 79-3226, and amend-
  8       ments thereto, relating to procedures for contesting a proposed assess-
  9       ment of additional tax or the denial of a refund shall apply as if set forth
10       in this section. No refund shall be allowed by the director after a period
11       of three years from the date the return was filed or after one year from
12       the date the assessment is made, whichever is later, unless before the
13       expiration of such period a claim therefor is filed by the taxpayer. No suit
14       or action to recover on any claim for refund shall be commenced earlier
15       than six months after the date such claim is filed with the director.
16             At any time before the expiration of time prescribed in this section for
17       the assessment of additional tax or the filing of a claim for refund, the
18       director may enter into a written agreement with the taxpayer consenting
19       to the extension of the periods of limitations for the assessment of tax or
20       for the filing of a claim for refund. The extended periods agreed upon
21       may be extended by subsequent written agreements made before the
22       expiration of the extended periods previously agreed upon. In consider-
23       ation of such agreement or agreements, interest due in excess of 48
24       months on any additional tax shall be waived.
25             Sec.  9. (a) All revenue collected or received by the director from the
26       tax imposed by this act shall be remitted daily to the state treasurer. Upon
27       receipt of a remittance, the state treasurer shall deposit the entire amount
28       in the state treasury. The state treasurer shall first credit such amount
29       thereof as the director shall order to the natural gas pipeline privilege tax
30       refund fund established by subsection (b). The state treasurer shall credit
31       the remainder to the natural gas producer ad valorem tax refund and
32       bond retirement fund established by section 3, and amendments thereto.
33             (b) The natural gas pipeline privilege tax refund fund not to exceed
34       $50,000 is hereby established in the state treasury for the prompt payment
35       of refunds of the tax imposed by this act. Within the limit set by this
36       section, such fund shall be in such amount as the director determines
37       necessary to meet current refunding requirements under this act.
38             Sec.  10. The secretary of revenue shall administer the provisions of
39       sections 5 through 9, and amendments thereto, and may adopt rules and
40       regulations to administer and enforce the provisions of such sections.
41        Sec.  11. This act shall take effect and be in force from and after its
42       publication in the Kansas register.