| 1 | 1 | | Session of 2025 |
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| 2 | 2 | | HOUSE BILL No. 2278 |
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| 3 | 3 | | By Representatives Woodard, Amyx, Carlin, Carmichael, Carr, Featherston, |
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| 4 | 4 | | Martinez, McDonald, Melton, Meyer, Miller, Mosley, Neighbor, Oropeza, Osman, |
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| 5 | 5 | | Poskin, S. Ruiz, Sawyer, Sawyer Clayton, Simmons and Stogsdill |
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| 6 | 6 | | 2-5 |
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| 7 | 7 | | AN ACT concerning property taxation; relating to exemptions; increasing |
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| 8 | 8 | | the extent of exemption from the statewide school levy for residential |
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| 9 | 9 | | property; amending K.S.A. 2024 Supp. 79-201x and repealing the |
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| 10 | 10 | | existing section. |
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| 11 | 11 | | Be it enacted by the Legislature of the State of Kansas: |
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| 12 | 12 | | Section 1. K.S.A. 2024 Supp. 79-201x is hereby amended to read as |
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| 13 | 13 | | follows: 79-201x. (a) For taxable year 2024 2026, and all taxable years |
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| 14 | 14 | | thereafter, the following described property, to the extent herein specified, |
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| 15 | 15 | | shall be and is hereby exempt from the property tax levied pursuant to the |
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| 16 | 16 | | provisions of K.S.A. 72-5142, and amendments thereto: Property used for |
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| 17 | 17 | | residential purposes to the extent of $75,000 $110,000 of its appraised |
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| 18 | 18 | | valuation. |
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| 19 | 19 | | (b) For taxable year 2027, and all taxable years thereafter, the dollar |
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| 20 | 20 | | amount of the extent of appraised valuation that is exempt pursuant to |
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| 21 | 21 | | subsection (a) shall be adjusted to reflect the average percentage change |
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| 22 | 22 | | in statewide residential valuation of all residential real property for the |
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| 23 | 23 | | preceding 10 years. Such average percentage change shall not be less |
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| 24 | 24 | | than zero. The director of property valuation shall calculate the average |
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| 25 | 25 | | percentage change for purposes of this annual adjustment and calculate |
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| 26 | 26 | | the dollar amount of the extent of appraised valuation that is exempt |
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| 27 | 27 | | pursuant to this section each year. |
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| 28 | 28 | | Sec. 2. K.S.A. 2024 Supp. 79-201x is hereby repealed. |
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| 29 | 29 | | Sec. 3. This act shall take effect and be in force from and after |
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| 30 | 30 | | January 1, 2026, and its publication in the statute book. |
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