This bill introduces new exemptions from property taxation for specific personal property types, including off-road vehicles, motorized bicycles, certain trailers, and marine equipment. It amends K.S.A. 79-213 and K.S.A. 79-5501, providing that these exemptions will apply to all taxable years commencing after December 31, 2025. The bill defines "marine equipment" and "off-road vehicle," clarifying the types of property that qualify for these exemptions. Additionally, it specifies that watercraft will be exempt from property taxes starting January 1, 2026, and outlines the appraisal and assessment process for watercraft until that date.

The bill also includes procedural changes regarding the exemption request process, requiring property owners to file an initial request with the county appraiser and detailing the necessary information for the request. It establishes a timeline for the review and hearing process for exemption requests, ensuring that applicants are notified and that hearings are conducted in a timely manner. The bill 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 the act.

Statutes affected:
As introduced: 79-213, 79-5501