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Kansas House adopts constitutional amendment to cap valuation swings with multi-year average
Summary
House approved House Concurrent Resolution 50-11 to put a proposed constitutional amendment on the ballot that would limit residential valuations using a multi-year rolling average; members debated implementation details and fiscal impacts.
The Kansas House voted to adopt House Concurrent Resolution 50-11, a proposal to amend Section 1 of Article 11 of the State Constitution to limit valuation volatility for residential property by using an averaging system.
Representative Adam Smith, who carried the measure in the Taxation Committee, described the proposed amendment as a rolling-average approach (similar in principle to an existing eight-year average used for agricultural land) that would smooth rapid valuation changes. Smith said the amendment would appear on the November ballot; if voters approve it the legislature must pass follow-up legislation to set implementation details, and county appraisal…
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