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KS HB2784
Bill
Status
2/18/2026
Primary Sponsor
Taxation
Click for details
AI Summary
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School district ad valorem property tax rate decreases from 20 mills in school year 2025-2026 to 19 mills in school year 2026-2027
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State budget stabilization fund must transfer money to the state school district finance fund to offset revenue lost from the mill levy reduction
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Director of the budget must annually certify (by August 15) the amount of revenue the decreased tax rate would have generated if levied at 20 mills
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Amends K.S.A. 2025 Supp. 72-5133a and 72-5142, repealing existing sections
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Takes effect upon publication in the statute book
Legislative Description
Decreasing the rate of ad valorem tax imposed by a school district and providing for certain transfers to the state school district finance fund.
Last Action
House Referred to Committee on Taxation
2/18/2026