74-5059. As used in this act:
(a) "Allocation" means the allocation of the state ceiling among governmental issuers as provided in this act.
(b) "Code" means the internal revenue code of 1986.
(c) "Governmental issuer" means the state and any instrumentality or political subdivision thereof which is authorized to issue private activity bonds.
(d) "Private activity bond" has the meaning ascribed thereto in the code.
(e) "Secretary" means the secretary of commerce.
(f) "State" means the state of Kansas.
(g) "State ceiling" means the ceiling applicable under the code to the aggregate face amount of qualified private activity bonds, the interest on which is exempt from federal income taxation, which may be issued within this state during any calendar year.
History: L. 1988, ch. 303, ยง 2; April 7.
LEGISLATIVE COORDINATING COUNCIL
12/17/2024
Meeting Notice Agenda
12/02/2024 Meeting Notice Agenda 11/14/2024 Meeting Notice Agenda 10/23/2024 Meeting Notice Agenda 09/09/2024 Meeting Notice Agenda 08/21/2024 Meeting Notice Agenda LCC Policies REVISOR OF STATUTES
Chapter 72 Statute Transfer List
Kansas School Equity & Enhancement Act Gannon v. State A Summary of Special Sessions in Kansas Bill Brief for Senate Bill No. 1 Bill Brief for House Bill No. 2001 2024 New, Amended & Repealed Statutes By Bill 2024 New, Amended & Repealed Statutes By KSA 2023 New, Amended & Repealed Statutes By Bill 2023 New, Amended & Repealed Statutes By KSA USEFUL LINKS
Session Laws
OTHER LEGISLATIVE SITES
Kansas LegislatureAdministrative Services Division of Post Audit Research Department |