Acta Kansas

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SCR1603: Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to value residential real property, commercial and industrial real property and mobile homes personal property based on the fair market value or average fair market value and providing that the legislature may provide by law for the freezing of property tax valuations for owner-occupied residential property of qualifying seniors.

In CommitteeSenate
Introduced
In Committee
Passed Chamber
Passed Both
Signed

Plain-Language Summary

This bill proposes to limit how much property taxes can increase for real estate and mobile homes. It aims to keep tax increases in check.

Who This Affects

Homeowners of real estate and mobile homes in Kansas will be affected by this proposal. They may see smaller annual tax increases or more stable property values.

Key Provisions

• Limits property tax valuation increases for real property and personal property classified as mobile homes • Aims to keep tax increases in check, potentially benefiting homeowners • Does not specify a specific percentage or dollar amount for the limit

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Timeline

Introduced

Tuesday, January 14, 2025

Last Action

House Motion to Reconsider Failed

Apr 8, 2026

Sponsors

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