Rendition Filing Information
Late Filing
Renditions must be returned by March 15 to avoid penalties. Penalties for late filing are required per Kansas Statutes Annotated (K.S.A. 79-1422) as follows:
- March 16 to April 15: 5% penalty
- April 16 to May 15: 10% penalty
- May 16 to June 15: 15% penalty
- June 16 to July 15: 20% penalty
- July 16 and thereafter: 25% penalty
- Failure to file: 50% penalty
Article II Section I of the Kansas Constitution
Tangible personal property shall be classified into six subclasses and assessed uniformly by subclass at the following assessment percentages:
- Manufactured homes used for residential purposes, 11.5%*
- Mineral leasehold interests except oil leasehold interests the average daily production from which is five barrels or less, and natural gas leasehold interests the average daily production from which is 100 mcf or less, which shall be assessed at 25% otherwise, 30%.
- Public utility tangible personal property including inventories thereof, except railroad personal property, including inventories thereof, which shall be assessed at the average rate all other commercial and industrial property is assessed at 33%.
- All categories of motor vehicles not defined and specifically valued and taxed by the tag and tax system, 30%.
- Commercial and industrial machinery and equipment which, if its economic life is seven years or more, shall be valued at its retail cost when new less seven-year straight-line depreciation, or which, if its economic life is less than seven years, shall be valued at its retail cost when new less straight-line depreciation over its economic life, except that, the value so obtained for such property, notwithstanding its economic life and, as long as such property is being used, shall not be less than 20% of the retail cost when new of such property, otherwise, 25%.
- All other tangible personal property not otherwise specifically classified is assessed, 30%.
* The same as manufactured homes considered as real property.
Late Filing
Renditions must be returned by March 15 to avoid penalties. Penalties for late filing are required per Kansas Statutes Annotated (K.S.A. 79-1422) as follows:
- March 16 to April 15: 5% penalty
- April 16 to May 15: 10% penalty
- May 16 to June 15: 15% penalty
- June 16 to July 15: 20% penalty
- July 16 and thereafter: 25% penalty
- Failure to file: 50% penalty
Article II Section I of the Kansas Constitution
Tangible personal property shall be classified into six subclasses and assessed uniformly by subclass at the following assessment percentages:
- Manufactured homes used for residential purposes, 11.5%*
- Mineral leasehold interests except oil leasehold interests the average daily production from which is five barrels or less, and natural gas leasehold interests the average daily production from which is 100 mcf or less, which shall be assessed at 25% otherwise, 30%.
- Public utility tangible personal property including inventories thereof, except railroad personal property, including inventories thereof, which shall be assessed at the average rate all other commercial and industrial property is assessed at 33%.
- All categories of motor vehicles not defined and specifically valued and taxed by the tag and tax system, 30%.
- Commercial and industrial machinery and equipment which, if its economic life is seven years or more, shall be valued at its retail cost when new less seven-year straight-line depreciation, or which, if its economic life is less than seven years, shall be valued at its retail cost when new less straight-line depreciation over its economic life, except that, the value so obtained for such property, notwithstanding its economic life and, as long as such property is being used, shall not be less than 20% of the retail cost when new of such property, otherwise, 25%.
- All other tangible personal property not otherwise specifically classified is assessed, 30%.
* The same as manufactured homes considered as real property.