Kansas Statutes 79-32,228. Integrated coal or coke gasification nitrogen fertilizer plants; credits for certain investments; definitions
As used in Kan. Stat. Ann. § 79-32,228 through 79-32,231, and amendments thereto:
(a) “Expansion of an existing coal or coke gasification nitrogen fertilizer plant” means expansion which begins after December 31, 2005, of the capacity of an existing coal or coke gasification nitrogen fertilizer plant by at least 20% of such capacity.
Terms Used In Kansas Statutes 79-32,228
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Facility: shall mean any factory, mill, plant, refinery, warehouse, feedlot, building or complex of buildings located within the state, including the land on which such facility is located and all machinery, equipment and other real and tangible personal property located at or within such facility used in connection with the operation of such facility. See Kansas Statutes 79-32,154
- federal internal revenue code: shall mean the provisions of the federal internal revenue code of 1986, and amendments thereto, and other provisions of the laws of the United States relating to federal income taxes, as the same may be or become effective at any time, or from time to time, for the taxable year. See Kansas Statutes 79-32,109
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) “Integrated coal or coke gasification nitrogen fertilizer plant” means a facility which: (1) Is located in Kansas, (2) converts coal or petroleum coke into synthesis gas and (3) uses the synthesis gas to produce nitrogen fertilizer.
(c) “Kansas coal” means coal from a mine whose coal deposits are located in the ground wholly or partially in Kansas regardless of the location of the mine’s tipple.
(d) “New coal or coke gasification nitrogen fertilizer plant” means a coal or coke gasification nitrogen fertilizer plant, construction of which begins after December 31, 2005.
(e) “Pass-through entity” means any: (1) Corporation which is exempt from income tax under section 1363 of the federal internal revenue code and which complies with the requirements of Kan. Stat. Ann. § 79-32,100e, and amendments thereto; (2) limited liability company; (3) partnership; or (4) limited liability partnership.
(f) “Qualified investment” means expenditures made in construction of a new integrated coal or coke gasification nitrogen fertilizer plant or expansion of an existing integrated coal or coke gasification nitrogen fertilizer plant, for real and tangible personal property incorporated in and used as part of such plant.