Bill

Bill > SB225


KS SB225

Requiring counties to purchase homesteads at the appraised values set by county appraisers upon applications made by the owners under certain conditions.


summary

Introduced
02/06/2025
In Committee
02/07/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning property; relating to homesteads; requiring counties to purchase homesteads at the appraised values set by county appraisers upon applications made by the owners under certain conditions.

AI Summary

This bill establishes a process by which homeowners can require their county to purchase their primary residence at the appraised value under specific conditions. Starting January 1, 2026, homeowners who have lived in their primary residence for at least 24 months and have no delinquent property taxes can apply to their county commissioners to sell their home. If there are multiple owners, all must agree to the sale. The county is then obligated to purchase the property at the current appraised value within 120 days, obtaining fee simple title to the property. The bill defines a "homestead" broadly to include various types of dwelling units, such as single-family homes, parts of multi-dwelling buildings, manufactured homes, and mobile homes. To facilitate the process, county commissioners must develop and distribute an application form through the county appraiser, clerk, and treasurer. The purpose of this bill appears to provide homeowners with an additional option for selling their property, potentially offering a guaranteed buyer and a fair market value for their primary residence.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Assessment and Taxation (S)

Last Action

Senate Referred to Committee on Assessment and Taxation (on 02/07/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...