This bill amends K.S.A. 79-201 to include a new exemption for property used for thrift store purposes by churches or religious organizations. Specifically, it states that real property and tangible personal property used for a thrift store that operates with donated goods will be considered as used exclusively for religious or charitable purposes, provided that both the property and the thrift store are owned and operated by the same church or religious organization. The thrift store must also either provide items without charge to individuals in need or sell items and use the proceeds for the religious or charitable mission of the organization.

Additionally, the bill repeals the existing section of K.S.A. 79-201, indicating a significant update to the property tax exemption laws in Kansas. The new language aims to clarify and expand the types of properties that can qualify for tax exemptions, particularly focusing on the role of thrift stores in supporting the charitable missions of religious organizations. The act will take effect upon publication in the statute book.

Statutes affected:
As introduced: 79-201