SESSION OF 2023
SUPPLEMENTAL NOTE ON SENATE BILL NO. 97
As Recommended by Senate Committee on
Assessment and Taxation

Brief*
SB 97 would increase, beginning in tax year 2023, the
amount of residential property exempt from the statewide
uniform 20 mill school finance levy from $40,000 to $65,000
of appraised value.
A formula to increase the amount of the exemption
based upon the statewide average increase in residential
valuation over the preceding ten years would be delayed in
implementation from tax year 2023 to 2024.

Background
The bill was introduced by the Senate Committee on
Assessment and Taxation at the request of Senator Peck.

Senate Committee on Assessment and Taxation
In the Senate Committee hearing, proponent testimony
was provided by Senator Peck, who generally stated the bill
would provide widely applicable property tax relief to Kansas
homeowners. Written-only proponent testimony was provided
by representatives of the Kansas Association of Realtors and
Kansas Policy Institute.
Neutral testimony was provided by a representative of
United School Administrators of Kansas. Written-only neutral
____________________
*Supplemental notes are prepared by the Legislative Research
Department and do not express legislative intent. The supplemental
note and fiscal note for this bill may be accessed on the Internet at
http://www.kslegislature.org
testimony was provided by representatives of the Kansas
Association of School Boards and United School
Administrators.

Fiscal Information
According to the fiscal note prepared by the Division of
the Budget on the bill, the Department of Revenue indicates
enactment of the bill would decrease revenues from the 20
mill school finance levy by $55.6 million in FY 2024, $58.8
million in FY 2025, and $62.3 million in FY 2026. Reduced
receipts attributable to this levy would result in commensurate
increased required State General Fund expenditures for
school finance.
Any fiscal effect associated with the bill is not reflected
in The FY 2024 Governor’s Budget Report.
Taxation; property tax; homestead exemption; school finance


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Statutes affected:
As introduced: 79-201x