This bill amends K.S.A. 79-201r to expand the property tax exemption for Strother Field Airport property, allowing the Strother Field Airport Commission and its political subdivisions to be exempt from ad valorem taxes levied by the state and other political subdivisions on property owned by them. The amendment removes the previous stipulation that the exemption only applied to property owned prior to January 1, 1992, thereby broadening the scope of the exemption to include all property depicted on the airport's federally approved layout plan, regardless of when it was acquired.

Additionally, the bill cancels any property taxes, including penalties and interest, imposed on the specified properties for taxable years prior to January 1, 1992, although it specifies that any amounts paid in those years will not be refunded. The existing section of K.S.A. 79-201r is repealed, and the act will take effect upon its publication in the statute book.

Statutes affected:
As introduced: 79-201r
Enrolled: 79-201r