3905 – Brief
SUPPLEMENTAL NOTE ON
2021 SILVER-HAIRED LEGISLATURE BILL NO. 3905
SHL Resolution No. 3905 would urge the 2022 Legislature of the State of Kansas to support 2021 SB 76 establishing the Golden Years Homestead Property Tax Freeze Act.
As introduced in SB 76, the Act would provide a tax refund on qualifying residential homestead property based upon the amount of property tax increase over the 2019 tax year, or the year in which the individual first qualified for the refund, whichever is later. The bill would require an individual, in order to qualify, to be at least 65 years of age or a disabled veteran, have a household income of less than $50,000, and live in and own a residential property
valued at less than $350,000. The maximum refund for the tax refund under this act would be $2,500 per year. Households receiving this tax refund would be ineligible to receive a refund under the the Homestead Property Tax Refund Act, the Selective Assistance for Effective Senior Relief tax credit, or any other public funds expressly designated for the payment of taxes.
The bill was introduced by Senators Holland, Corson, Faust-Goudeau, Haley, Peck, Petersen, Pettey, Pittman, and Ware. The bill was heard by the Senate Committee on Assessment and Taxation on March 11, 2021. No further action has taken place on the bill. The contents of this bill were amended into Senate Sub. for HB 2313 but were removed by the conference committee before its enactment.
Note: Versions of this bill have been introduced in prior sessions including 2019 or have been offered as amendments to other bills.