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KS HB2074

KS HB2074
Including homestead renters as eligible to participate in certain homestead property tax refund claims.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning taxation; relating to the homestead property tax refund act; including homestead renters as eligible to participate in certain homestead property tax refund claims; amending K.S.A. 79- 4501, 79-4511 and 79-4522 and K.S.A. 2024 Supp. 79-4502, 79-4508 and 79-4509 and repealing the existing sections.

AI Summary

This bill expands the Kansas Homestead Property Tax Refund Act to include homestead renters as eligible participants in property tax refund claims, effective tax year 2025. The legislation modifies several key definitions and provisions, most notably by introducing "rent constituting property taxes accrued" as a new concept, which defines 15% of gross rent paid as comparable to property taxes for refund calculation purposes. The bill allows renters to qualify for tax refunds under similar conditions as homeowners, particularly for specific groups such as seniors (55 or 65 years old depending on the claim type), disabled individuals, disabled veterans, and households with dependent children. Renters will need to provide documentation of gross rent paid and verify that ad valorem property taxes were levied in full for the year, with additional scrutiny for claims from households with income at or below 150% of their rental amount. The changes aim to provide tax relief to a broader range of low and moderate-income Kansas residents, recognizing that renters also contribute indirectly to property tax costs through their rental payments.

Committee Categories

Budget and Finance

Sponsors (23)

Last Action

House Hearing: Thursday, February 6, 2025, 3:30 PM Room 346-S (on 02/06/2025)

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