This bill amends the existing law regarding homestead property tax refund claims in Kansas by excluding social security payments from the calculation of household income and increasing the eligibility thresholds for seniors and disabled veterans. Specifically, the household income limit for claimants is raised from $50,000 to $80,000, and the appraised value threshold for the homestead is increased from $350,000 to $595,000. Additionally, the bill establishes that these thresholds will be adjusted annually based on cost-of-living increases and changes in statewide residential property valuations starting in 2025.

The bill also clarifies the definition of "claimant" to include individuals aged 65 and older or disabled veterans, and it allows surviving spouses of eligible claimants to continue receiving benefits until remarriage. Furthermore, it specifies that taxpayers who have already received a homestead property tax refund or certain credits are ineligible for claims under this section. The existing law, K.S.A. 2024 Supp. 79-4508a, is repealed, and the new provisions will take effect upon publication in the statute book.

Statutes affected:
As Introduced: 79-4508a
As introduced: 79-4508a