HCR 5024

 Session of 2026
               House Concurrent Resolution No. 5024
                          By Committee on Taxation
                                     2-2
1 A PROPOSITION to amend section 1 of article 11 of the constitution of
2    the state of Kansas; relating to property taxation; determining
3    valuations for real property used for residential purposes.
4
5 Be it resolved by the Legislature of the State of Kansas, two-thirds of the
6     members elected (or appointed) and qualified to the House of
7     Representatives and two-thirds of the members elected (or appointed)
8     and qualified to the Senate concurring therein:
9     Section 1. The following proposition to amend the constitution of
10 the state of Kansas shall be submitted to the qualified electors of the state
11 for their approval or rejection: Section 1 of article 11 of the constitution
12 of the state of Kansas is hereby amended to read as follows:
13"§ 1. System of taxation; classification; exemption. (a) The
14     provisions of this subsection shall govern the assessment and
15     taxation of property on and after January 1, 2013 2027, and each
16     year thereafter. Except as otherwise hereinafter specifically
17     provided, the legislature shall provide for a uniform and equal
18     basis of valuation and rate of taxation of all property subject to
19     taxation. The legislature may provide for the classification and the
20     taxation uniformly as to class of recreational vehicles and
21     watercraft, as defined by the legislature, or may exempt such class
22     from property taxation and impose taxes upon another basis in lieu
23     thereof. The provisions of this subsection shall not be applicable to
24     the taxation of motor vehicles, except as otherwise hereinafter
25     specifically provided, mineral products, money, mortgages, notes
26     and other evidence of debt and grain.
27The taxable valuation of real property used for residential
28     purposes including multi-family residential real property and real
29     property necessary to accommodate a residential community of
30     mobile or manufactured homes including the real property upon
31     which such homes are located, classified for property tax purposes
32     pursuant to subclass (1) of class 1, shall be determined based on
33     the sales price for the year in which the property transferred
34     ownership if the transfer was sold at fair market value or valued
35     pursuant to law as fair market value in the year in which the
36     transfer occurred for the current owner.
 HCR 5024  2
1Property shall be classified into the following classes for the
2    purpose of assessment and assessed at the percentage of value
3    prescribed therefor:
4Class 1 shall consist of real property. Real property shall be
5    further classified into seven subclasses. Such property shall be
6    defined by law for the purpose of subclassification and assessed
7    uniformly as to subclass at the following percentages of value:
8 (1) Real property used for residential purposes including multi-family
9      residential real property and real property necessary to
10      accommodate a residential community of mobile or manufactured
11      homes including the real property upon which such homes are
12      located.......................................................................................111/2%
13 (2) Land devoted to agricultural use which shall be valued upon the
14      basis of its agricultural income or agricultural productivity pursuant
15      to section 12 of article 11 of the constitution...............................30%
16 (3) Vacant lots....................................................................................12%
17 (4) Real property which is owned and operated by a not-for-profit
18      organization not subject to federal income taxation pursuant to
19      section 501 of the federal internal revenue code, and which is
20      included in this subclass by law...................................................12%
21 (5) Public utility real property, except railroad real property which shall
22      be assessed at the average rate that all other commercial and
23      industrial property is assessed......................................................33%
24 (6) Real property used for commercial and industrial purposes and
25      buildings and other improvements located upon land devoted to
26      agricultural use.............................................................................25%
27 (7) All other urban and rural real property not otherwise specifically
28      subclassified..................................................................................30%
29Class 2 shall consist of tangible personal property. Such
30    tangible personal property shall be further classified into six
31    subclasses, shall be defined by law for the purpose of
32    subclassification and assessed uniformly as to subclass at the
33    following percentages of value:
34 (1) Mobile homes used for residential purposes.............................111/2%
35 (2) Mineral leasehold interests except oil leasehold interests the average
36      daily production from which is five barrels or less, and natural gas
37      leasehold interests the average daily production from which is 100
38      mcf or less, which shall be assessed at 25%.................................30%
39 (3) Public utility tangible personal property including inventories
40      thereof, except railroad personal property including inventories
41      thereof, which shall be assessed at the average rate all other
42      commercial and industrial property is assessed............................33%
43 (4) All categories of motor vehicles not defined and specifically valued
 HCR 5024  3
1and taxed pursuant to law enacted prior to January 1, 1985.........30%
2 (5) Commercial and industrial machinery and equipment which, if its
3economic life is seven years or more, shall be valued at its retail cost
4when new less seven-year straight-line depreciation, or which, if its
5economic life is less than seven years, shall be valued at its retail
6cost when new less straight-line depreciation over its economic life,
7except that, the value so obtained for such property, notwithstanding
8its economic life and as long as such property is being used, shall
9not be less than 20% of the retail cost when new of such property
1025%
11 (6) All other tangible personal property not otherwise specifically
12classified.......................................................................................30%
13(b) All property used exclusively for state, county, municipal,
14    literary, educational, scientific, religious, benevolent and charitable
15    purposes, farm machinery and equipment, merchants' and
16    manufacturers' inventories, other than public utility inventories
17    included in subclass (3) of class 2, livestock, and all household
18    goods and personal effects not used for the production of income,
19    shall be exempted from property taxation."
20    Sec. 2. The following statement shall be printed on the ballot with
21 the amendment as a whole:
22    "Explanatory statement. This amendment would establish the
23taxable valuation of real property used for residential
24purposes based on the sales price for the year in which the
25property transferred ownership if the transfer was sold at fair
26market value or valued pursuant to law as fair market value
27in the year in which the transfer occurred for the current
28owner.
29    "A vote for this proposition would establish the taxable
30valuation of real property used for residential purposes
31including multi-family residential real property and real
32property necessary to accommodate a residential community
33of mobile or manufactured homes including the real property
34upon which such homes are located, classified for property
35tax purposes pursuant to subclass (1) of class 1, based on the
36sales price for the year in which the property transferred
37ownership if the transfer was sold at fair market value or
38valued pursuant to law as fair market value in the year in
39which the transfer occurred for the current owner.
40    "A vote against this proposition would provide no change to the
41Kansas constitution."
42    Sec. 3. This resolution, if approved by two-thirds of the members
43 elected (or appointed) and qualified to the House of Representatives and
HCR 5024  4
1 two-thirds of the members elected (or appointed) and qualified to the
2 Senate, shall be entered on the journals, together with the yeas and nays.
3 The secretary of state shall cause this resolution to be published as
4 provided by law and shall cause the proposed amendment to be submitted
5 to the electors of the state at the general election in November in the year
6 2026, unless a special election is called at a sooner date by concurrent
7 resolution of the legislature, in which case the proposed amendment shall
8 be submitted to the electors of the state at the special election.