House Concurrent Resolution No. 5023 proposes an amendment to the Kansas Constitution regarding property taxation. The resolution stipulates that any new property tax exemptions approved by the legislature after January 1, 2027, must receive approval from the state's electors in a general election or a special election called by the legislature. This amendment aims to ensure that the electorate has a direct say in property tax exemptions, thereby increasing transparency and accountability in the legislative process.

If passed, the amendment will require the legislature to submit specific questions regarding property tax exemptions to the voters, detailing the property in question and the duration of the exemption. The resolution includes an explanatory statement that will be printed on the ballot, clarifying the implications of the amendment for voters. The resolution must be approved by two-thirds of both the House of Representatives and the Senate before being submitted to the electorate during the general election in November 2026, unless a special election is called sooner.