Kansas HB2440 exempts owners of oil leases from filing exemption requests with the state board of tax appeals for property tax exemptions.

Kansas HB2440 amends the state's property tax exemption process by excluding owners of oil leases from the requirement to file a request for exemption with the state board of tax appeals. Previously, all property owners seeking exemption from ad valorem property taxes had to submit an initial request for exemption to the county appraiser, who would then recommend whether the exemption should be granted and file the request with the board. This bill changes the law so that owners of oil leases no longer need to file such a request.

Kansas HB2440 exempts owners of oil leases from filing exemption requests with the state board of tax appeals for property tax exemptions.

Kansas HB2440 amends the state's property tax exemption process by excluding owners of oil leases from the requirement to file a request for exemption with the state board of tax appeals. Previously, all property owners seeking exemption from ad valorem property taxes had to submit an initial request for exemption to the county appraiser, who would then recommend whether the exemption should be granted and file the request with the board. This bill changes the law so that owners of oil leases no longer need to file such a request.