Provides that the department of revenue shall issue a refund check to all eligible real property owners who paid state property taxes in 2007.

Declares that the refund is equal to four hundred dollars for each eligible real property owner.

Proposes that the department may use information from the tax rolls of each county to identify all eligible real property owners under this section, and that any refunds shall be made by means of vouchers approved by the department and by the issuance of state warrants drawn upon and payable from such funds as the legislature may provide.