Kansas Senate approves 3% cap on property valuations.

The Kansas Senate passed SCR 1616 to limit assessed property valuation increases to 3% and sent the measure to the House; if approved by voters it would take effect Jan. 1, 2027. Opponents note the cap does not directly change mill levies, which determine final property tax bills.

The Kansas Senate passed Senate Concurrent Resolution 1616 to cap increases in assessed real property values at 3% per year, with exceptions for new construction and property improvements. Supporters framed the change as a way to give homeowners, including older Kansans on fixed incomes, greater predictability. Opponents countered that the measure would not by itself lower property taxes because local mill levies can be adjusted by governments. Key facts: - The Senate approved SCR 1616 by a 30-10 vote. - The cap would limit assessed value growth to 3% annually, and values of current homes would be set at 3% above their 2022 valuations. - If the measure passes the House and is approved by voters, the cap would take effect Jan. 1, 2027. - Critics say local governments could raise mill levies to meet budget needs, so assessed-value limits may not reduce actual tax bills. Summary: The resolution would change how assessed property values are allowed to grow but does not directly alter mill levies, which determine the dollar amount of property taxes. SCR 1616 now moves to the Kansas House, and if passed there it could be placed on a special election ballot on Aug. 4 for voter approval.