TOPEKA – A proposal to limit property evaluation increases to 2 percent is heading to a sub-committee for further study.
After a third day of hearings, House Taxation Committee chairman Rep. Richard Carlson, R-St. Marys, decided that House Bill 2150, dubbed Proposition K, needed more discussion and said he would announce the subcommittee Tuesday.
The bill is an effort by a free-market think tank and about two dozen Kansas lawmakers to lock in 2010 property value assessments, then limit the valuation increase to 2 percent annually.
Last week, a state Department of Revenue official told the committee that Proposition K was blatantly unconstitutional.
Opponents have worried about the impact the bill would have on revenue for local government. They have also argued that the measure made people whose houses were increasing in value winners while unduly burdening areas where property values weren’t increasing.