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KS SB217
Bill
Status
Introduced
2/5/2025
Primary Sponsor
Ethan Corson
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AI Summary
- Increases the residential property tax exemption from the statewide school levy from $75,000 to $125,000 of appraised valuation
- Applies to taxable year 2025 and all taxable years thereafter
- Exemption applies specifically to the property tax levied under K.S.A. 72-5142 (statewide school finance levy)
- Amends K.S.A. 2024 Supp. 79-201x and repeals the existing section
Legislative Description
Increasing the extent of property tax exemption for residential property from the statewide school levy.
Last Action
Senate Referred to Committee on Assessment and Taxation
2/6/2025
Committee Referrals
Assessment and Taxation2/6/2025
Full Bill Text
No bill text available