Decreasing the rate of ad valorem tax imposed by a school district.
Died in Committee
Summary
The bill would lower the ad valorem tax that Kansas school districts levy on taxable property, starting at 20 mills in 2025‑26 and decreasing each year to 15 mills by 2031‑32 and thereafter. The reduced revenue would still be sent to the state school district finance fund, except for redevelopment bond payments. The change aims to lessen the tax burden on property owners while maintaining state funding for schools.
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