Kansas 2025-2026 Regular Session

Kansas House Bill HB2561

Introduced
1/27/26  

Caption

Authorizing the state board of regents to sell and convey real property valued at $5,000,000 or less without further legislative authorization and requiring the submission of an annual report listing any such real property sales to the legislature.

Summary

HB2561 authorizes the Kansas state board of regents to sell and convey real property owned by the board or a state educational institution without additional legislative approval when the property has a market value of $5 million or less. Before a sale, the property must be appraised by three disinterested appraisers, and the board must adopt policies to govern how these transactions are carried out. The bill also requires the board to report any such sales to the legislature each regular session for the prior fiscal year. The bill directs proceeds from these sales to be remitted to the state treasurer and credited to the appropriate special revenue fund of the relevant board or institution. It also exempts these transactions from certain existing statutes governing state property disposition, while leaving in place the bill’s appraisal, policy, and reporting requirements. In effect, the measure streamlines the process for disposing of lower-value higher-education real estate while preserving legislative oversight through annual reporting.

Impact

HB2561 would change state law by creating a new authorization for the state board of regents to dispose of certain real property without seeking separate legislative approval, so long as the property is valued at $5 million or less. It would affect the board of regents and state educational institutions by giving them more flexibility to manage land and facilities, while also requiring appraisals, internal procedures, and annual disclosure to the legislature. The bill would also route sale proceeds through the state treasurer into the applicable special revenue fund and exempt these sales from specified statutory procedures governing state property transactions.

Sentiment

Based on the bill text and the absence of recorded committee testimony or votes, the overall sentiment appears neutral to supportive of administrative efficiency and asset management. The measure is framed as a practical delegation of authority rather than a controversial policy change, with the reporting requirement suggesting an effort to balance flexibility with oversight. No recorded opposition or support is available in the provided materials.

Contention

The main point of potential contention is the shift of authority away from direct legislative approval and toward the state board of regents, which could raise concerns about reduced oversight of public assets. Critics might question whether the $5 million threshold is too high or whether exempting these sales from certain statutes weakens existing safeguards. Supporters would likely emphasize that the bill still requires independent appraisals, board policies, and annual reporting, which are intended to limit abuse while allowing faster property management decisions.

Companion Bills

No companion bills found.

Previously Filed As

KS HB2003

Establishing the veterans' valor property tax relief act providing for an income tax credit or refund for eligible individuals, modifying the definition of household income and increasing the appraised value threshold for eligibility of seniors and disabled veterans related to increased property tax claims and citing the section as the homeowners' property tax freeze program, providing property tax exemptions for certain personal property including watercraft, marine equipment, off-road vehicles, motorized bicycles and certain trailers, excluding internal revenue code section 1031 exchange transactions as indicators of fair market value, providing for certain exclusions from the prohibition of paying taxes under protest after a valuation notice appeal and providing four prior years' values on the annual valuation notice.

KS SB2

Eliminating the income limit to qualify for the subtraction modification exempting social security benefits, increasing the income tax credit amount for household and dependent care expenses, establishing the veterans' valor property tax relief act providing for an income tax credit or refund for eligible individuals, citing the increased property tax homestead refund claim section as the homeowners' property tax freeze program, decreasing the normal privilege tax rate, increasing the extent of property tax exemption for residential property from the statewide school levy, decreasing the rate of ad valorem tax imposed by a school district; providing for certain transfers to the state school district finance fund, reducing the state rate of tax on sales of food and food ingredients and modifying the percent credited to the state highway fund from revenue collected.

KS SCR1604

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for real property and personal property mobile homes.

KS SB1

Modifying income tax rates for individuals, exempting all social security benefits from Kansas income tax, increasing the Kansas standard deduction and the Kansas personal exemption, increasing the income tax credit amount for household and dependent care expenses, decreasing the privilege tax normal tax, excluding internal revenue code section 1031 exchange transactions as indicators of fair market value for property tax valuation purposes, increasing the extent of property tax exemption for residential property from the statewide school levy, providing for certain transfers to the state school district finance fund and abolishing the local ad valorem tax reduction fund and the county and city revenue sharing fund.

KS HB2001

Authorizing the secretary of commerce to enter into agreements with major professional sports franchises to establish STAR bond projects for a major professional sports complex, providing for additional revenue sources, expanding the powers and discretion of the secretary and making other changes to the STAR bonds financing act to facilitate such projects, limiting the secretary’s authority to approve such projects to one year unless extended by the legislative coordinating council, authorizing the Kansas development finance authority to issue STAR bonds for such projects, transferring funds under certain circumstances from the state gaming revenues fund to the attracting professional sports to Kansas fund for the fiscal year ending June 30, 2025, and, if approved by the legislative coordinating council, for the fiscal year ending June 30, 2026.

KS SB8

Exempting the sale of firearms, firearms accessories, ammunition, firearm safes and firearm safety devices from the retatilers' sales tax.

KS SCR1603

Proposing to amend section 1 of article 11 of the constitution of the state of Kansas to limit property tax valuation increases for residential property.

KS SB7

Authorizing federally licensed firearm dealers, in addition to county sheriffs, to receive applications for concealed carry licenses and forward such applications to the attorney general, prohibiting sheriffs from assessing any fee related to application services and allowing dealers to assess a fee related to application services not to exceed $20.

KS SB6

Providing a sales tax exemption for sales of electricity to residential premises by municipally owned or operated utilities.

KS SB5

Authorizing counties to impose an earnings tax.

Similar Bills

No similar bills found.