Bill > SB397

This bill ensures that individuals who previously qualified for a homestead property tax refund or the selective assistance for effective senior relief (SAFESR) tax credit will not lose their eligibility if the appraised value of their home later exceeds $350,000. The homestead property tax refund act provides a refund of property taxes to eligible homeowners, and SAFESR is a tax credit designed to assist seniors. Previously, if a home's appraised value went over $350,000, the owner would lose eligibility for these benefits, but this bill changes that rule for tax years starting in 2026 and beyond, allowing continued eligibility as long as other requirements are met.

Budget and Finance

https://kslegislature.gov/li/b2025_26/measures/sb397/