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AN ACT relating to property taxation; providing for refunds of tax when
  appraised valuation of certain residential property is increased.
Be it enacted by the Legislature of the State of Kansas:
  Section 1.  (a) Whenever the appraised valuation of any single-family
owner-occupied residential real property established for property taxation
purposes exceeds by 75% or more the appraised valuation of such prop-
erty for such purposes established for utilization for the next preceding
taxable year, and if such increase is not due to such property being im-
proved, a portion of the property tax attributable to such increase shall
be refunded to the taxpayer as provided by this section.
  (b)  Any person who qualifies for a refund pursuant to the provisions
of subsection (a) and has completed an appeal pursuant to K.S.A. 79-
1448, and amendments thereto, from the appraised valuation established
for such residential real property may apply for a refund of property tax
to the division of taxation of the department of revenue. For the taxable
year for which such increase is established, the amount of such refund
shall be equal to 80% of the property tax attributable to such increase;
for the taxable year next succeeding the taxable year for which such in-
crease is established, the amount of such refund shall be equal to 50% of
the property tax attributable to such increase; and for the second taxable
year succeeding the taxable year for which such increase is established,
the amount of such refund shall be equal to 25% of the property tax
attributable to such increase.
  (c)  The secretary of revenue shall adopt rules and regulations nec-
essary to effectively implement the provisions of this section, and shall
devise forms necessary for the implementation of this section.
  (d)  The provisions of this section shall be applicable to all taxable
years commencing after December 31, 1996.
  Sec. 2.  This act shall take effect and be in force from and after its
publication in the statute book.