79-430. Listing and taxation of certain leased portions of real property. For all purposes associated with property taxation, the provisions of K.S.A. 79-412 notwithstanding, that portion of the fair market value of real property attributable to the leasing of real property, or the creation of any other interest of less than fee simple in real property, for the purpose of the placement of a wireless communication tower, antenna or relay site upon the real property, shall be entered on the assessment roll separate from the remaining fair market value. Such portion of the fair market value shall be separately taxed to the owner of such wireless communication tower, antenna or relay site as real property at the same classification and same tax rate as the real property upon which the wireless communications tower, antenna or relay site is located except that, in the event the real property upon which the wireless communications tower, antenna or relay site is located is exempt from property taxation, such real property shall continue to be exempt from property taxation, except that portion of the fair market value of such tax-exempt real property attributable to the leasing of such tax-exempt real property, or the creation of any other interest of less than fee simple in such tax-exempt real property, for the purpose of the placement of a wireless communications tower, antenna or relay site upon such tax-exempt real property, shall be taxable and shall be assessed to the owner of such wireless communications tower, antenna or relay site as real property at 25% of value. Such tax shall be a lien on the interest in the real property of such owner of the wireless communications tower, antenna or relay site and shall be collected in the same manner as the collection of other taxes on real property.
History: L. 1997, ch. 126, ยง 37; July 1.
Structure Kansas Statutes
Article 4 - Listing And Valuation Of Real Estate
79-401 How listed, valued and returned.
79-407 Same; appeal from action of county clerk; hearing by county commissioners.
79-408 Real estate assessment rolls maintained by county clerk; contents.
79-409 Same; survey of lot or tract, when.
79-412 Valuation of buildings and improvements; recording or filing lease agreement, requirements.
79-414 Lands entered after January 1.
79-421 Same; forfeiture of office upon failure.
79-422 Public utility property listed as real estate.
79-426 Joint ownership; payment of taxes by one owner; lien.
79-427 Apportionment of special tax or assessment on lot or tract in cities.
79-430 Listing and taxation of certain leased portions of real property.