A bill that recently passed the Kansas House and Senate would remove the property tax lid enacted on governing bodies a few years ago, replacing it with a requirement to publish notices and hold a public hearing before exceeding their revenue neutral rate. The revenue neutral rate is what the mill levy has to be in order for property taxes to not be higher than the previous year. SB 13 requires governing bodies, such as city and county commissions, to publish legal notices and hold a public hearing before they can exceed their revenue neutral rate for property taxes, and discontinues the property tax lid enacted by the legislature a few years ago. It also prohibits property valuation increases solely as the result of normal repair, replacement or maintenance of existing structures, and establishes a payment plan for payment of both delinquent and non-deliquent property taxes. The bill also reimburses governing bodies for costs associated with publishing notices for the first two years.
Source: Cowley CourierTraveler
