KS HB2233

Property used to inject animal manure into the ground is disqualified from Kansas's carbon dioxide capture and sequestration property tax exemption under K.S.A. 79-233

Machinery and equipment used to inject animal manure into the ground cannot claim the accelerated depreciation deduction for carbon dioxide capture equipment under K.S.A. 79-32,256

The existing accelerated depreciation schedule allows 55% deduction in the first year of operation and 5% annually for the following nine years (10-year total amortization period)

Amends K.S.A. 79-233 and 79-32,256, repealing the existing sections and taking effect upon publication in the statute book