Revenue Committee limits pollution-control tax exemption to exclude standalone direct-air carbon‑capture facilities
The Senate Revenue Committee amended and approved Senate File 61 to clarify that the pollution‑control property tax exemption does not apply to facilities built solely to capture non‑point‑source carbon dioxide, after testimony from industry, business groups and state revenue staff.
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The Senate Revenue Committee at a Revenue Committee meeting (date not specified) voted to adopt an amendment to Senate File 61 and passed the bill out of committee that narrows the state's pollution‑control property tax exemption so it will not apply to facilities constructed solely for the purpose of capturing non‑point‑source carbon dioxide.
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