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SB 303

Kansas - Session 2025-2026

Senate in_committee 2026-03-20
Bill Details

Title: SB303 - House Substitute for SB 303 by Committee on Taxation - Decreasing the rate of ad valorem tax imposed by a school district, discontinuing certain sales tax exemptions, imposing sales tax on certain sales of lottery tickets, imposing an excise tax on all sports wagers as a rate of 2% of the amount wagered, creating the property tax relief fund and providing for transfers therefrom to the state school district finance fund and creating the sports wagering privilege tax refund fund.

Summary

AN ACT concerning taxation; relating to property tax; decreasing the rate of ad valorem tax imposed by a school district; relating to sales tax; discontinuing certain exemptions; imposing sales tax on certain sales of lottery tickets; relating to excise tax; imposing a privilege tax on all sports wagers at a rate of 2% of the amount wagered; creating the property tax relief fund and providing for transfers therefrom to the state school district finance fund; creating the sports wagering privilege tax refund fund; amending K.S.A. 2025 Supp. 72-5142, 79-3606 and 79-3620 and repealing the existing sections.

Sponsor
Committee on Taxation
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-01-06 Introduced Bill introduced
2026-03-20 Status in_committee
2026-03-20 Latest Action Committee Report recommending substitute bill be passed by Committee on Taxation
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