House Concurrent Resolution No. 5025 proposes an amendment to Section 1 of Article 11 of the Kansas Constitution, which pertains to the assessed valuation of property for taxation purposes. Specifically, the resolution seeks to lower the assessed valuation rate for real property used for residential purposes, including properties that accommodate mobile or manufactured homes, from 11.5% to 9%. This change aims to provide tax relief for homeowners and residents of mobile home communities by reducing their property tax burden.

If approved by a two-thirds majority in both the House of Representatives and the Senate, the proposed amendment will be placed on the ballot for the general election in November 2026, or at an earlier special election if called. The ballot will include an explanatory statement indicating that a vote in favor of the amendment would result in a decrease in the assessed valuation for residential properties, while a vote against it would maintain the current rate of 11.5%.