This bill amends K.S.A. 2025 Supp. 79-201x to increase the exemption for residential property from the statewide school levy. Specifically, it raises the exemption amount from $75,000 to $150,000 of the property's appraised valuation for the taxable year 2026 and all subsequent years.

Additionally, the bill repeals the existing section of K.S.A. 2025 Supp. 79-201x, which indicates a significant change in the law regarding property tax exemptions for residential properties. The act will take effect upon its publication in the statute book.

Statutes affected:
As introduced: 79-201x