This bill amends Kansas property tax law to provide exemptions for specific types of personal property, including watercraft, marine equipment, off-road vehicles, motorized bicycles, and certain trailers. The bill specifies that any off-road vehicle not operated on highways, various types of motorized bicycles and scooters, and trailers weighing 15,000 pounds or less used exclusively for personal purposes will be exempt from property taxes. Additionally, the bill clarifies the definitions of "marine equipment" and "off-road vehicle," while removing the previous inclusion of aircraft from the list of exempted items. The provisions of this section will apply to all taxable years commencing after December 31, 2025.

Furthermore, the bill amends existing statutes regarding the process for requesting property tax exemptions, detailing the requirements for property owners to file initial requests and the subsequent review process by county appraisers and the state board of tax appeals. It establishes that watercraft will be appraised at fair market value until January 1, 2026, after which all watercraft will be exempt from property taxes. The bill also repeals the existing sections of K.S.A. 79-213 and K.S.A. 79-5501, effectively replacing them with the new provisions outlined in this act.

Statutes affected:
As introduced: 79-213, 79-5501
As Amended by Senate Committee: 79-213, 79-5501
As Amended by House Committee: 79-213, 79-5501