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Senate approves amendment capping assessed property values

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The Kansas Senate passed its version of a property tax plan Wednesday, approving a constitutional amendment capping property tax assessments.

The amendment, which passed on a 30-10 vote, would cap the taxable assessed property value at 3% with several limited exceptions, including new construction or improvements and if there is an error calculating the tax assessment.

The cap would remain with the property if it's sold or transferred.

For tax year 2027, the final taxable assessed value . . .

SSJ

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