Kansas 2023-2024 Regular Session

Kansas Senate Bill SCR1621

Introduced
3/25/24  
Refer
3/26/24  

Caption

Proposing a constitutional amendment to provide authority to the legislature to limit property tax increases for residential property that is owned by and the principal place of residence of lawful permanent residents of Kansas who are 62 years of age or older or disabled or to exempt such property from ad valorem taxation.

Impact

The proposed amendment is anticipated to have significant implications on property tax statutes in the state. By allowing the legislature to limit tax increases or exempt portions of properties from valuation, it aims to protect certain groups from escalating tax liabilities. This could result in enhanced stability for elderly homeowners and those with disabilities, providing them some financial relief in maintaining their homes.

Summary

SCR1621 proposes an amendment to the constitution of Kansas to grant the legislature the authority to limit property tax increases for residential properties owned by lawful permanent residents who are either 62 years of age or older or disabled. The bill aims to address the financial burdens that property taxes may impose on vulnerable populations, allowing the potential for tax limitations or exemptions on their principal residences. If passed, this amendment would be submitted to voters in the general election of November 2024.

Contention

While SCR1621 is likely to be supported by many lawmakers advocating for elderly and disabled rights, it may also face opposition. Critics might argue that while the intent is noble, such tax exemptions could strain local government budgets and impact the funding of essential public services. Furthermore, there could be concerns about the administrative aspects of determining qualifications and managing the tax exemption processes effectively.

Companion Bills

No companion bills found.

Previously Filed As

KS HCR5011

Senate Substitute for HCR 5011 by Committee on Assessment and Taxation - Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for real property and personal property classified as mobile homes.

KS HCR5022

Proposing to amend the constitution of the state of Kansas to authorize the legislature to provide for the classification and taxation of all-terrain vehicles.

KS SCR1613

Proposing to amend the constitution of the state of Kansas to decrease the assessed value for real property used for residential purposes to 10 1/2% for 2025 and 9 1/2% for 2026 and each year thereafter.

KS HCR5025

Proposing to amend Section 1 of Article 11 of the Constitution of the State of Kansas to determine valuations of residential property based on the average fair market value of the 10 prior years.

KS HCR5009

Proposing to amend the constitution of the state of Kansas to decrease the assessed value for real property used for residential purposes to 9%.

KS HCR5021

Proposing to amend the Constitution of the State of Kansas to decrease by 1/2% a year for five years from 111/2% to 9% the assessed value for real property used for residential purposes.

KS SCR1604

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for residential property.

KS SCR1610

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for real property.

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