HCR5024 — Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to establish the taxable valuation of real property used for residential purposes based on the sales price for the year in which the property transferred ownership if the transfer was sold at fair market value or valued pursuant to law as fair market value in the year in which the transfer occurred for the current owner.

HCR5024 — Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to establish the taxable valuation of real property used for residential purposes based on the sales price for the year in which the property transferred ownership if the transfer was sold at fair market value or valued pursuant to law as fair market value in the year in which the transfer occurred for the current owner. · Informed CitizenryThis proposition proposes amending Section 1 of Article 11 of the Kansas Constitution regarding property taxation. The amendment would establish that the taxable valuation of real property used for…Open in Informed Citizenry