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Bill > HB2784


KS HB2784

KS HB2784
Decreasing the rate of ad valorem tax imposed by a school district and providing for certain transfers to the state school district finance fund.


summary

Introduced
02/18/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning taxation; relating to property tax; decreasing the rate of ad valorem tax imposed by a school district; providing for certain transfers to the state school district finance fund; amending K.S.A. 2025 Supp. 72-5133a and 72-5142 and repealing the existing sections.

AI Summary

This bill modifies how school districts are funded by reducing the local property tax rate, known as the ad valorem tax, and directing certain funds to the state school district finance fund. Specifically, it changes the ad valorem tax rate for school districts from 20 mills to 19 mills for the 2026-2027 school year, while maintaining the 20 mill rate for the 2025-2026 school year. The bill also requires the director of the budget to calculate the revenue lost due to this decrease in the local tax rate and transfer that amount from the state's budget stabilization fund to the state school district finance fund, which is a fund managed by the department of education to help finance public schools. This aims to offset the reduction in local property tax revenue for school districts.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Taxation (House)

Last Action

House Referred to Committee on Taxation (on 02/18/2026)

bill text


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