Kansas 2023-2024 Regular Session

Kansas Senate Bill SB263

Introduced
2/16/23  
Refer
2/17/23  
Report Pass
3/20/23  
Refer
1/9/24  

Caption

Requiring director of property valuation appraiser directives be established by rules and regulations.

Impact

If enacted, SB263 would necessitate that all property valuation appraisals follow a codified set of directives, which could lead to significant changes in how property taxes are assessed and valued. The bill is expected to create a more uniform approach across the state, minimizing already known inconsistencies. This could positively impact taxpayers by potentially providing a fairer assessment of property values and easing the appeal process when disputes arise over valuations.

Summary

Senate Bill 263 (SB263) proposes the establishment of formal directives for property valuation appraisers through specific rules and regulations. This bill aims to demystify the processes involved in property valuation and ensure that appraisers adhere to standardized guidelines as stipulated by the directives. With the intention of enhancing transparency and consistency in property valuations, the bill addresses current concerns regarding discrepancies that may arise from varied valuation practices across different jurisdictions.

Contention

Debate around SB263 centers on the proper balance between regulation and the autonomy of property appraisers. Some stakeholders argue that while regulations can improve standardization, they may also restrict appraisers' professional judgment. Opponents of the bill may fear that oversimplification of valuation processes could ignore local market nuances, which can lead to inaccurate property valuations. Conversely, supporters believe that standardization will enhance fairness and transparency, ultimately benefiting the taxpayer.

Companion Bills

No companion bills found.

Previously Filed As

KS SB323

Providing for the election of county appraisers.

KS HB2648

Requiring the director of the budget to independently determine costs of compliance and implementation for all proposed rules and regulations and authorizing the director of the budget to disapprove proposed rules and regulations.

KS HB2002

Providing countywide retailers' sales tax authority for Dickinson and Grant counties, providing for a sales tax exemption for area agencies on aging and purchases made by Kansas suicide prevention HQ, inc., providing that the secretary of revenue file a release of warrant in the county where such warrant is docketed, granting authority to the director of property valuation to develop qualifying courses and providing that certain tax notices and statements may be transmitted by electronic means by the county treasurer and county appraiser if consented to by the taxpayer.

KS SB8

Reducing penalties for the late filing of and the failure to file personal property renditions and the discovery of escaped personal property, requiring filing only an initial statement with county appraiser for personal property, decreasing the penalties for failing to timely remit withholding income taxes of employees by employers, extending reimbursement from the taxpayer notification costs fund for printing and postage costs for county clerks for calendar year 2024, modifying and prescribing the contents of the revenue neutral rate public hearing notice, providing two prior years' values on the annual valuation notice, allowing for filing of an appraisal by a certified residential real property appraiser for appeal purposes, discontinuing the prohibition of paying taxes under protest after a valuation notice appeal, accounting for adverse influences in the valuation of agricultural land, including properties used for registered agritourism activities as land devoted to agricultural use for purposes of classification, providing a property tax exemption for certain business property operated in competition with property owned or operated by a governmental entity, providing income tax subtraction modifications to permit the carryforward of certain net operating losses for individuals and for the federal work opportunity tax credit and the employee retention credit disallowances, increasing the tax credit amount for adoption expenses and making the credit refundable, increasing the amount of income tax credits available for purchases under the disability employment act from qualified vendors, continuing in existence such credits beyond tax year 2023 and defining qualifying vendors and eligible employees, establishing a tax credit for contributions to eligible charitable organizations operating pregnancy centers or residential maternity facilities, clarifying the determination of taxable income of an electing pass-through entity and providing for the passing through of tax credits to electing pass-through entity owners for purposes of the salt parity act, excluding social security payments from household income and expanding eligibility for seniors and disabled veterans related to increased property tax homestead refund claims, providing a sales tax exemption for sales of property and services used in the provision of communications services and excluding manufacturers' coupons from the sales or selling price.

KS HB2096

Establishing the veterans' valor property tax relief act providing for an income tax credit or refund for eligible individuals, increasing the tax credit amount for household and dependent care expenses, modifying the definition of household income and increasing the appraised value threshold for eligibility of seniors and disabled veterans related to increased property tax claims and citing the section as the homeowners' property tax freeze program, providing a property tax rebate for certain business property operated in competition with property owned or operated by a governmental entity, providing property tax exemptions for certain personal property including watercraft, marine equipment, off-road vehicles, motorized bicycles and certain trailers, excluding internal revenue code section 1031 exchange transactions as indicators of fair market value, providing for certain exclusions from the prohibition of paying taxes under protest after a valuation notice appeal and providing four prior years' values on the annual valuation notice.

KS HB2003

Establishing the veterans' valor property tax relief act providing for an income tax credit or refund for eligible individuals, modifying the definition of household income and increasing the appraised value threshold for eligibility of seniors and disabled veterans related to increased property tax claims and citing the section as the homeowners' property tax freeze program, providing property tax exemptions for certain personal property including watercraft, marine equipment, off-road vehicles, motorized bicycles and certain trailers, excluding internal revenue code section 1031 exchange transactions as indicators of fair market value, providing for certain exclusions from the prohibition of paying taxes under protest after a valuation notice appeal and providing four prior years' values on the annual valuation notice.

KS HB2364

Increasing the extent of property tax exemption from the statewide school levy for residential property to $65,000 of such property's appraised valuation.

KS H5532

Real Estate Appraiser Certification Act

KS HB2520

Increasing the extent of property tax exemption from the statewide school levy for residential property to $100,000 of such property's appraised valuation.

KS HB1097

Task Force on Property Appraisal and Valuation Equity

Similar Bills

No similar bills found.