Brownback Unveils 'Property Tax Transparency' Plan
Associated Press - Fri 07:18 PM 10/26/2012
Kansas Gov. Sam Brownback and fellow Republicans in the Legislature have unveiled a proposed "property tax transparency" law designed to keep such taxes from rising automatically when property values rise.
Their bill would require local governments to either drop their property tax levies when property values rise or to vote publicly to take advantage of the higher values and collect the additional tax revenues.
The governor says the state does not intend to raise its share of property taxes.
Republican state Sen. Susan Wagle says the plan would put a flexible cap on property taxes, and exempts new construction.
Democrat state Rep. Jim Ward says Democrats tried to pass property tax relief last session that would have taken effect this year. He says the governor is not being honest because Kansans understand that income taxes can't be cut without affecting local property taxes.