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KS HB2631

Bill

Official Source

Status

Introduced

2/2/2026

Primary Sponsor

Dan Osman

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Increases the residential property tax exemption from the statewide school levy from $75,000 to $125,000 of appraised valuation
  • Exemption applies specifically to the property tax levied under K.S.A. 72-5142 (the statewide school finance levy)
  • Effective date of January 1, 2027, applying to taxable year 2027 and all subsequent years
  • Amends K.S.A. 2025 Supp. 79-201x and repeals the existing section

Legislative Description

Increasing the extent of property tax exemption from the statewide school levy for residential property.

Last Action

House Referred to Committee on Taxation

2/2/2026

Committee Referrals

Taxation2/2/2026

Full Bill Text

No bill text available