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Turo tells Kansas committee closing rental-car tax carve-out could recover $14–16 million
Summary
A Turo representative told a Kansas legislative committee that ending a 1991 tax carve-out for rental fleets and aligning registration under the International Registration Plan could restore roughly $14–16 million in annual state revenue while treating Kansans who host vehicles more evenly.
Ryan Cagney, senior government relations manager for Turo, told a Kansas legislative committee that closing a 1991 carve-out that shields many rental fleets from Kansas property tax could restore an estimated $14–16 million a year to the state budget and ‘‘level the playing field’’ for Kansans who rent their personal vehicles on the platform.
Cagney said the Kansas Department of Revenue reports the rental-car excise tax yields roughly $5.6 million annually, while the property-tax exemption tied to the 1991 change creates an estimated $15 million shortfall. He spoke to committee members during an informational briefing and urged lawmakers to consider applying the International Registration Plan…
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