Bill > HB2080

This bill provides a property tax exemption for homeowners who are 65 years of age or older, effectively freezing their property tax amount at a "base year" level. The base year is defined as either the year when the homeowner turns 65 or 2025 for individuals who were already 65 before 2026. To qualify, homeowners must have continuously occupied the property as their primary residence and be 65 or older before January 1 of the tax year they seek the exemption. Homeowners must apply with their county treasurer before April 1 each year, and if approved, their property taxes will not increase beyond the base year amount. If the current year's tax rate is lower than the base year amount, the lower rate will become the new base for future years. The county will still allocate the collected taxes proportionally to various taxing subdivisions. The bill will take effect for all taxable years starting after December 31, 2025, providing a mechanism to help senior homeowners manage their property tax expenses by preventing potential increases in their annual tax burden.

Budget and Finance

Taxation (H)

https://kslegislature.gov/li/b2025_26/measures/hb2080/