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KS HB2775

Bill

Official Source

Status

Introduced

2/12/2026

Primary Sponsor

Taxation

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Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • New oil and gas wells would be exempt from Kansas severance tax for three years, beginning on the date the well first produces oil or gas

  • The standard severance tax rate is 8% of gross value for oil and gas, and $1 per ton for coal

  • Amends K.S.A. 79-4217, adding this new exemption to existing exemptions for low-producing wells, inactive wells, tertiary recovery projects, and production enhancement projects

  • Requested by the Kansas Independent Oil and Gas Association through Representative Jason Watkins

Legislative Description

Providing for a three-year exemption from severance tax for new oil and gas wells.

Last Action

House Referred to Committee on Taxation

2/12/2026

Committee Referrals

Taxation2/12/2026

Full Bill Text

No bill text available