This bill amends the Kansas income tax law to provide tax credits related to real property designated as critical habitat for threatened or endangered species. It allows for a credit against tax liability for property that is both designated by the Secretary of Wildlife and Parks and included in management activities as part of a recovery plan or a qualified program. The bill also establishes that the Department of Wildlife and Parks will maintain a list of qualified programs and management plans, and conservation organizations can request consideration for qualification by submitting a written request by July 1 of the current year.

Additionally, the bill introduces a new credit for taxpayers whose property is enrolled in programs that provide public access for hunting, fishing, or other uses, as well as for those engaged in qualified management activities that promote improved habitat. The annual credit is based on the total amount paid for ad valorem taxes related to the property, and it is capped at the amount of tax imposed under the Kansas income tax act. The provisions of this bill will apply to taxable years commencing after December 31, 2025, and the existing section of K.S.A. 2024 Supp. 79-32,203 is repealed.

Statutes affected:
As introduced: 79-32