Couple viewing house with Kansas Lawmaker overlay text

Tax Planning & Consulting

Kansas Lawmakers Advance New Property Tax Relief Proposals in 2026

The Kansas Legislature is currently advancing several proposals aimed at addressing ongoing concerns surrounding property tax increases. These measures reflect continued discussions among policymakers about how to provide relief for homeowners while maintaining necessary funding for local governments.

This legislative session, lawmakers have introduced a number of bills designed to limit property tax growth and explore broader structural reforms within the state's property tax system.

SCR 1616 - Proposed Constitutional Amendment on Property Valuation

SCR 1616 proposes a constitutional amendment that would cap annual increases in assessed property values at 3%. The intent of this measure is to help stabilize property tax assessments and reduce the impact of sharp valuation increases that many homeowners have experienced in recent years. If approved, the amendment would ultimately require voter approval before taking effect.

HB 2745 - Local Government Revenue Growth Limits

House Bill 2745 introduces a 3% revenue increase cap for local taxing jurisdictions. The proposal also includes a taxpayer protest petition mechanism that would allow residents to challenge larger revenue increases. Supporters believe this approach would increase transparency and give taxpayers a greater voice in local tax decisions.

SB 488 - Kansas Property Tax Freedom Act of 2026

SB 488 proposes a more ambitious long-term restructuring of Kansas' property tax system. The Kansas Property Tax Freedom Act of 2026 would begin a process aimed at phasing out property taxes completely. The proposal includes a revenue replacement mechanism funded through a new surcharge and reserve fund to offset the loss of property tax revenue.

What This Could Mean for Kansas Taxpayers

These proposals represent a multi-layered approach to addressing property tax concerns in Kansas. From limiting annual valuation increases to exploring broader structural changes, lawmakers appear focused on improving affordability and predictability for property owners.

As these measures continue to move through the legislative process, Kansas homeowners and property investors should stay informed about how potential changes could impact future property tax obligations. At Michael D. Peroo, CPA, PA, we continue to monitor tax policy developments that may affect our clients and the broader Kansas community.

If you have questions about how potential property tax changes could impact your financial situation, contact the MDP CPA team for help, or call (913) 397-0097.

Categories

  • All
  • Auditing(2)
  • Business Planning(10)
  • CFO Services/Accounting(4)
  • City & County Budgeting(1)
  • Estate Planning(4)
  • Family Planning(1)
  • Fiscal Sustainability(7)
  • Healthcare(2)
  • IRS Representation(2)
  • Mergers & Acquisition(1)
  • Retirement Planning(14)
  • Tax Planning & Consulting(20)
  • Utility Rate Study(1)

SUBSCRIBE TO OUR NEWSLETTER!