Bill
Bill > HB2011
KS HB2011
Decreasing the rate of ad valorem tax imposed by a school district, increasing the extent of exemption for residential property from the statewide school levy and providing for certain transfers to the state school district finance fund.
summary
Introduced
01/15/2025
01/15/2025
In Committee
01/30/2025
01/30/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT concerning taxation; relating to property tax; decreasing the rate of ad valorem tax imposed by a school district; increasing the extent of exemption for residential property from the statewide school levy; providing for certain transfers to the state school district finance fund; amending K.S.A. 2024 Supp. 72-5133a, 72-5142 and 79-201x and repealing the existing section sections.
AI Summary
This bill makes several changes to property taxation for school districts in Kansas. First, it reduces the statewide school levy tax rate from 20 mills to 18.5 mills for the 2025-2026 school year, with subsequent years using a calculated rate that maintains the same property tax revenue level. Additionally, the bill increases the residential property tax exemption from $75,000 to $100,000 of appraised valuation, starting in the 2026 tax year. The bill requires the director of the budget to certify these changes and calculate the potential revenue impact. When these changes are certified, the director of accounts and reports must transfer the calculated amount from the state general fund to the state school district finance fund. These modifications are designed to provide tax relief for residential property owners while maintaining consistent funding for school districts. The bill amends existing statutes related to school district taxation and will take effect upon publication in the state statute book.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Taxation (H)
Last Action
House Committee Report recommending bill be passed as amended by Committee on Taxation (on 01/30/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://kslegislature.gov/li/b2025_26/measures/hb2011/ |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2011_01_0000.pdf |
| House Committee on Taxation Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2025_hb2011_h_0867.pdf |
| Analysis - Supplemental Note: As Amended by House Committee | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_hb2011_01_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_hb2011_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2011_00_0000.pdf |
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