November Vote Might Reduce Boat Property Taxes
Associated Press - Fri 10:01 AM 10/05/2012
Boats in Kansas currently are classified in the "other" category of personal property. They are taxed at 30 percent of value multiplied by the county's mill levy.
Kansas residents will decide in November whether to reduce property taxes for boat owners.
Supporters say the constitutional amendment on the November ballot will make the state's tax rates on boats similar to
surrounding states. They say Kansas rates can sometimes be eight times higher than those in adjoining states.
Opponents say the amendment is being pushed mostly by sports fishermen who want to save money on expensive boats. They say regulations in Kansas have helped create a strong market for used boats.
Boats in Kansas currently are classified in the "other" category of personal property. They are taxed at 30 percent of value multiplied by the county's mill levy.
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Associated Press information from: The Wichita Eagle
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ShadowCipher
Friday 5 October 2012 12:31 Report this comment
I am not a current boat owner, but my jaw about dropped when I saw how aggressively owners are taxed. I hope voters are quick to lower the taxes.
ksfarmdude
Friday 5 October 2012 20:11 Report this comment
I have been complaining to the property tax office for years concerning boat tax rates its been a total rip-off compared to vehicles or motorcycles its time this is lowered hope the voters vote for lower taxes for boat owners
gaspasser1959
Saturday 6 October 2012 20:15 Report this comment
As a previous boatowner I was paying about $300 a year for a$5500 1981 boat. Then I got wise, as a property owner in GA just registered it there for $15 a year!!
gaspasser1959
Saturday 6 October 2012 20:15
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