Kansas HB2278 increases the property tax exemption for residential property from $75,000 to $110,000.
Kansas HB2278 amends the state's property tax law to increase the exemption from the statewide school levy for residential property. Starting from taxable year 2026, the exemption rises from $75,000 to $110,000 of the property's appraised valuation. The exemption amount will be adjusted annually based on the average percentage change in statewide residential property values, calculated by the director of property valuation. This change aims to provide greater tax relief to homeowners in Kansas.
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