Discontinuing state property tax levies for the Kansas educational building fund and the state institutions building fund, and providing financing.
This bill discontinues the state property tax levies for the Kansas educational building fund and the state institutions building fund, and provides financing for these funds from the state general fund. It specifies that certain funds are to be transferred from the state general fund to these building funds on a yearly basis. The bill also details the procedures for the state treasurer to handle the funds and the authority of various state departments to pledge funds for debt service on revenue bonds.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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