Topeka — CVR Energy Inc. and the Kansas Chamber of Commerce are sponsoring a bill that would effectively overturn a recent Kansas Court of Tax Appeals decision against CVR (GM Jan. 23, p. 10). A property tax evaluation that valued equipment under real, rather than personal property, significantly increased Coffeyville Resources Nitrogen Fertilizer’s 2008 assessment by about $10.7 million. If left intact, the decision could mean about that amount each year in additional taxes for CVR. CVR Energy is the majority owner of CVR Partners LP, which owns the fertilizer plant.
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