News9.com - Oklahoma City, OK - News, Weather, Video and Sports | Tax waivers for pipeline to cost local governments
Associated Press - November 9, 2009 1:15 PM ET
SALINA, Kan. (AP) - Leaders from six Kansas counties are questioning whether a crude oil pipeline that is to run through their counties and end in Oklahoma is eligible for millions of dollars in tax waivers.
The Kansas Department of Commerce says the pipeline owned by Canadian energy company TransCanada does qualify for $55.49 million in tax credits.
The pipeline would go through Washington, Clay, Dickinson, Marion, Butler and Cowley counties on its way from Steele City, Neb., to Cushing, Okla.
At a meeting last week in Abilene, officials from 5 of those counties said they want to challenge whether the pipeline qualifies for the tax exemptions. They say the tax waivers will cost local governments almost three times as much in lost property taxes than previously announced.
Information from: The Salina Journal, http://www.saljournal.com
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