79-344. Cancellation of personal property tax, when. (a) Whenever the aggregate amount of tax owed upon tangible personal property by any taxpayer is less than $5, such tax shall be cancelled and no personal property tax statement shall be issued.
(b) The provisions of this section shall apply to all taxable years commencing after December 31, 1991.
History: L. 1992, ch. 282, ยง 16; May 28.
Structure Kansas Statutes
Article 3 - Listing Property For Taxation
79-301 Personal property to be listed and assessed.
79-304 Place of listing of certain property for taxation purposes.
79-305a Rendition preparers; definitions.
79-306e Valuation of watercraft, proration.
79-308 Statements to include tax situs information.
79-319 Collection of tax; removal of personalty from county before taxes paid.
79-319a Same; removal of buildings from delinquent real estate; penalty.
79-320 Same; duty of public officers.
79-322 Highway or railway bridge on state line; listing and valuing.
79-329 Oil and gas property as personalty.
79-330 Oil and gas properties; valuation and assessment; cancellation of taxes of less than $5.
79-333 Listing of oil and gas property; false statement; fraudulent acts; misdemeanor; penalty.
79-337 Same; failure of owner or operator of park or land to notify assessor; class C misdemeanor.
79-339 Same; failure to notify, class C misdemeanor.
79-340 Mobile and manufactured homes as personal property; exception.