SCR 1603: Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to value residential real property, commercial and industrial real property and mobile homes personal property based on the fair market value or average fair market value and providing that the legislature may provide by law for the freezing of property tax valuations for owner-occupied residential property of qualifying seniors.
Topics
✓ Budget & TaxesSupports Budget & TaxesBill limits property tax assessment increases and allows freezing valuations for seniors, providing tax relief and fiscal stability.
✓ HousingSupports HousingBill protects housing affordability by limiting property tax increases and freezing valuations for seniors.
Sponsors
Brad Starnes
(R)
,
J.R. Claeys
(R)
,
Renee Erickson
(R)
,
Beverly Gossage
(R)
,
Jeff Klemp
(R)
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