Providing a one-time, nonrefundable vehicle registration property tax credit for eligible vehicles.

SB 378 would provide a one-time $250 property tax credit against vehicle registration fees for eligible vehicles during Kansas' fiscal year 2027 (July 2026-June 2027). It directly affects owners of buses, motorcycles, passenger vehicles, RVs, trailers, and trucks that pay property tax on these vehicles under Kansas law. The credit applies when registering or renewing a vehicle but is nonrefundable if it exceeds the tax owed. Funds for the credit would come from the state’s budget stabilization fund, administered by the Department of Revenue.