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KS HB2423

KS HB2423
Authorizing continuation of the 20 mill statewide property tax levy for schools and the exemption of a portion of residential property from such levy.


summary

Introduced
02/25/2021
In Committee
02/25/2021
Crossed Over
Passed
Dead
05/23/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

AN ACT concerning property taxation; authorizing continuation of the statewide levy for schools and the exemption of a portion of residential property from such levy; amending K.S.A. 79-201x and K.S.A. 2020 Supp. 72-5142 and repealing the existing sections. 5

AI Summary

This bill authorizes the continuation of the 20 mill statewide property tax levy for schools and the exemption of a portion of residential property from such levy. Specifically, it extends the 20 mill statewide property tax levy for schools to the 2021-2022 and 2022-2023 school years. Additionally, it provides an exemption from this property tax levy for the first $20,000 of the appraised valuation of property used for residential purposes in those same tax years.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Taxation (H)

Last Action

House Died in Committee (on 05/23/2022)

bill text


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