Tuesday, March 6, 2012
A Kansas Senate committee is considering a proposal aimed at controlling property tax increases on the homes of people 65 and older.
The Assessment and Taxation Committee scheduled a hearing Tuesday on a proposed amendment to the state constitution. It would allow the Legislature to limit annual increases in values placed by county officials on homes owned by Kansans who are 65 or older.
The constitution currently requires residential property to be valued uniformly.
Homeowners can face property tax increases each year even if cities, counties and school districts don't increase their levies, because county appraisers can adjust home values. Supporters of the amendment want to protect retirees who live on fixed incomes.
Critics of such proposals have said a home's value shouldn't be divorced from its fair market value.