The resolution proposes an amendment to the Kansas state constitution, titled the "Save Our Seniors Amendment," which aims to provide a property tax exemption for residential properties owned by individuals aged 60 and older. Specifically, the amendment would exempt these properties from all property taxes levied by school districts, effective from January 1, 2027. The resolution outlines the classification and assessment of various property types for taxation purposes, including real and tangible personal property, and establishes specific percentages for their valuation. Additionally, it allows the legislature to enact necessary legislation to administer this exemption.
If approved by two-thirds of both the House of Representatives and the Senate, the 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 detailing the implications of the amendment, clarifying that a vote in favor would grant the proposed tax exemption, while a vote against it would maintain the current property tax system.