The Kansas Senate on Thursday passed legislation to require local governments to notify residents by mail and hold public hearings before increasing property tax collections. The tax bill removes a controversial lid on yearly mill levy increases and instead establishes a “revenue neutral rate,” which adjusts the effective tax rate to account for increases in assessed property value. Cities and counties that fail to follow the rules will have to refund taxpayers. Other provisions in the bill, which passed 31-1, ban counties from increasing property values as a result of normal maintenance and give treasurers the authority to offer a payment plan for property taxes.
Source: Kansas Reflector
Legislation: Senate Bill 13 and its Supplemental Note.
