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KS HB2080

Bill

Status

Introduced

1/23/2025

Primary Sponsor

Taxation

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Property taxes on homestead residences for owners 65 years of age or older would be frozen at the "base year" amount and cannot increase in subsequent years
  • Qualifying homeowners must actually occupy the property as their primary residence and be 65 or older as of January 1 of the taxable year; surviving spouses also qualify
  • The base year is set as the year the owner turns 65, or 2025 for those already 65 before 2026
  • If property taxes in any year fall below the established base year amount, the lower amount becomes the new cap for future years
  • Applications must be filed with the county treasurer before April 1 each year, with the act taking effect for taxable years after December 31, 2025

Legislative Description

Restricting residential homestead property taxes to not more than the established base year for those individual 65 years of age and older.

Last Action

House Referred to Committee on Taxation

1/23/2025

Committee Referrals

Taxation1/23/2025

Full Bill Text

No bill text available