Restricting residential homestead property taxes to not more than the established base of property taxes owed for individuals 65 years of age and older and eliminating the property tax exemption for certain commercial properties used for healthcare when in competition with other non-exempt properties.

HB 2457, pending in Kansas, has two main provisions. First, it caps property taxes for homeowners aged 65+ who occupy their primary residence (homestead property) at the tax amount from their "base year" (the year they turned 65 or 2026 for those already older), requiring annual application by April 1. Second, it eliminates property tax exemptions for certain 501(c)(3) healthcare facilities (like clinics or hospitals) that compete with non-exempt providers in the same or adjacent county. The bill would apply to tax years starting after December 31, 2026, if passed. It modifies Kansas tax code sections related to homestead exemptions and healthcare property tax eligibility.