Loading chat...
KS SB215
Bill
Status
2/5/2025
Primary Sponsor
Ethan Corson
Click for details
AI Summary
-
Excludes all federal Social Security payments from household income calculations when determining eligibility for homestead property tax refunds for seniors (65+) and disabled veterans
-
Raises the household income eligibility threshold from $50,000 to $80,000
-
Increases the maximum appraised home value for eligibility from $350,000 to $595,000
-
Establishes annual cost-of-living adjustments for the income threshold starting after December 31, 2025, based on federal IRS calculations
-
Requires the appraised value threshold to increase annually after 2025 based on the average percentage change in statewide residential property valuations over the preceding 10 years
Legislative Description
Excluding social security payments from household income and increasing the household income and appraised value thresholds for eligibility of seniors and disabled veterans related to increased property tax homestead claims.
Last Action
Senate Hearing: Tuesday, February 25, 2025, 9:30 AM Room 548-S
2/25/2025