Kansas State Legislature's Senate Bill 10 aims to eliminate property taxes on watercraft, a move that could significantly impact boat owners across the state. Introduced on January 21, 2025, the bill proposes that, starting January 1, 2026, all watercraft will be exempt from property or ad valorem taxes, a change that could save owners substantial amounts annually.

The bill defines "watercraft" broadly, encompassing any vessel propelled by machinery, oars, paddles, or sails, while also allowing for the inclusion of one trailer and necessary motors. Notably, watercraft powered solely by human effort will remain entirely exempt from property taxes. This legislation seeks to simplify the tax structure for watercraft owners and stimulate recreational boating in Kansas.

Debate surrounding SB 10 has centered on its potential economic implications. Proponents argue that removing taxes could boost local economies by encouraging more residents to purchase and use watercraft, thereby increasing spending in related sectors such as tourism and recreation. Critics, however, express concerns about the loss of tax revenue that could impact local services and infrastructure.

The bill also repeals existing statutes related to watercraft taxation, signaling a significant shift in how Kansas approaches this sector. As discussions continue, the outcome of SB 10 could reshape the financial landscape for watercraft ownership in the state, with potential ripple effects on local economies and tax structures. The legislature's decision on this bill will be closely watched as it moves through the legislative process.