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KS HCR5011
Concurrent Resolution
Status
3/10/2025
Primary Sponsor
Assessment and Taxation
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AI Summary
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Proposes amending the Kansas Constitution to allow residential property, commercial/industrial property, agricultural buildings, and mobile homes to be taxed at the lesser of fair market value or average fair market value, effective January 1, 2027
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Authorizes the legislature to establish by law the number of years used to calculate the average fair market value for these property types
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Permits valuation adjustments for new construction, improvements, changes in property use, escaped or omitted property, and changes to land descriptions
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Requires two-thirds approval from both the Kansas House and Senate to place the amendment on the ballot
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Schedules a special election on November 4, 2025 for Kansas voters to approve or reject the constitutional amendment
Legislative Description
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.
Last Action
House Motion to Reconsider Failed
3/27/2025