Bill > SB90

This bill introduces a property tax exemption for owner-occupied homes in Kansas, providing a $100,000 exemption from local government property tax levies. For tax year 2026, homes valued up to $350,000 will be eligible, with the value threshold adjusted annually for inflation thereafter. The exemption does not apply to existing bond and indebtedness levies as of July 1, 2025. Local governments can opt out of the exemption through a ballot measure, with two potential outcomes: if two-thirds of voters approve, the exemption is completely eliminated for that local government; if a simple majority approves, only half of the exemption is removed. The bill defines an "owner" broadly to include various types of property holders and specifies that an "owner-occupied home" must be a single-family residential property serving as the owner's primary residence. The exemption will apply to all taxable years beginning after December 31, 2025, providing homeowners with potential tax relief while giving local governments a mechanism to partially or fully opt out if they choose. This legislation aims to reduce property tax burdens for homeowners while maintaining local government flexibility.

Budget and Finance

https://kslegislature.gov/li/b2025_26/measures/sb90/